Oil Prices Rise On Supply Concerns
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Oil prices rose on Monday amid supply concerns as Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted.
Broader market sentiment also remained supported after the U.S. Federal Reserve indicated a possible return to interest-rate cuts.
Fed Chair Jerome Powell's Jackson Hole speech was largely dovish and provided a boost to most risk assets.
Benchmark Brent crude futures rose 0.4 percent to $67.46 a barrel in European trade after rising almost 3 percent last week. WTI crude futures were up half a percent at $63.97.
Russia accused Ukraine of launching dozens of drone attacks that...
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