Brent tops $113/b on midstream bottlenecks

24.05.2022

Oil prices gained on Monday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market, as Shanghai prepares to reopen after a two-month lockdown fuelled worries about a sharp slowdown in growth.

Brent crude futures rose 72 cents to $113.27 a barrel at 0408 GMT, while U.S....