Myra P. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch for 20 years. She has spent the bulk of her years at the company writing the daily Futures Movers and Metals Stocks columns and has been writing the weekly Commodities Corner column since 2005.
Oil futures finished lower on Monday after posting a sharp gain on Friday, as traders continued to monitor global risks to oil supplies in the wake of the Israel-Gaza war and reports that the U.
S. may reach a deal with Venezuela to ease oil sanctions. November West Texas Intermediate crude CLX23, -1.19% fell $1.03, or 1.2%, to settle at $86.66 a barrel on the New York Mercantile Exchange.
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Oil prices decline after last week's rally as investors monitor Israel-Hamas warMyra P. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch for 20 years. She has spent the bulk of her years at the company writing the daily Futures Movers and Metals Stocks columns and has been writing the weekly Commodities Corner column since 2005.
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