Oil prices were little changed on Monday, holding onto 2% gains from Friday amid...
FILE PHOTO: Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. REUTERS/Agustin Marcarian/File Photo
Brent crude futures LCOc1 rose 9 cents to $60.60 a barrel by 1208 GMT, while U.S. West Texas Intermediate crude futures CLc1 was at $54.79 a barrel, up 9 cents.Most of the gains were posted on Friday after an Iranian oil tanker was attacked off Saudi Arabia’s coast in the Red Sea. Investigations are under way to determine if the tanker was hit by missiles, which could ratchet up tensions between Tehran and Riyadh if confirmed.
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