- Last week, the oil prices rose on Friday and were on track for monthly gains, benefiting from news that U.S. oil output cuts in May were the largest on record.
- U.S. crude was up 35 cents, or 0.9%, at $40.27 after dropping 3.3% in the previous session, also off lows not seen since July 10.
- Brent crude settled up 37 cents, or 0.9%, at $43.31 a barrel.
- Brent is heading for a fourth month of gains, while U.S. crude posts a third month. Both rise from a troubled market since April due to lockdown.
https://mfame.guru/steady-oil-prices-in-the-u-s-notch-monthly-gains/