Oil prices rise on Monday

Oil prices rise on Monday

SINGAPORE, 17th August, 2026 (WAM) -- Oil prices rose on Monday, with Brent crude ​futures gaining as much as 1 percent to $89.40 per barrel and were last trading ​up 72 cents at $89.20 by 0229 GMT.

The US West Texas Intermediate crude futures rose 44 cents to $82.83 a barrel.

Both contracts gained more than 5 percent last week.