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America s Roundup: Dollar gains after Fed loan survey ,Wall Street finishes higher, Gold prices rise, Oil prices hit multi-month highs on tightening supply

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Crude oil price on track for biggest monthly gains in over a year

Crude oil price on track for biggest monthly gains in over a year
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Oil on track for biggest monthly gains in over a year - Markets

Oil prices edged lower on Monday, but were hovering near three-month highs, set to post their biggest monthly gains.

Oil on track for biggest monthly gains in over a year

Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and.

oil prices: Oil on track for biggest monthly gains in over a year

Brent and WTI settled on Friday at their highest levels since April, gaining for a fifth straight week, as tightening oil supplies globally and expectations of an end to U.S. interest rate hikes supported prices. Both are on track to close July with their biggest monthly gains since January 2022. Saudi Arabia is expected to extend a voluntary oil output cut of 1 million barrels per day (bpd) for another month to include September, analysts said.

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