Crude oil prices rose on Monday, with Brent futures climbing more than 1%, as investors still digested United States President Donald Trump's decision to exclude various technological devices from the 145% tariff on Chinese goods, which Beijing said was a "small step" in correcting a "wrong practice."
Brent for June's deliveries rose by 1.19% to sell for $65.69 per barrel at 8:31 am ET. Meanwhile, West Texas Intermediate (WTI) for May's settlements increased by 0.89% at 8:32 am ET, selling for $62.35 per barrel.