Oil prices grow 2% on Monday

Source: CNBC
© Reuters
West Texas Intermediate futures traded 2.00% higher at $48.94 per barrel by 12:40 GMT on Monday, whereas Brent futures traded 2.20% higher at $50.25 per barrel. Meanwhile, gold prices dropped 0.69% to $1,285.90 per troy ounce, while silver prices grew 0.17% to $17.44 per ounce.

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