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HomeFinanceCrude-oil prices tally a gain of more 2% as recession fears ease

Crude-oil prices tally a gain of more 2% as recession fears ease


Oil futures gained more than 2% on Monday, finding support after U.S. benchmark crude prices snapped a four-day losing streak at the end of last week following a stronger-than-expected April jobs report.

Natural-gas futures also finished up sharply, leading the percentage gains among energy futures, with analysts attributing the strength to a potential weather-related boost to demand for the power source.

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