Price action
By 0519 GMT, crude futures rose Brent June delivery rose 58 cents, or 0.64 percent, to $90.68 a barrel. US crude futures for May delivery rose 58 cents, or 0.68 percent, to $85.99 per barrel.
And she finished Oil prices Yesterday's session, Monday, was lower after it became clear that the Iranian attack on Israel at the weekend was less harmful than expected, which initially calmed fears of a rapidly escalating conflict that could disrupt crude oil supplies.
The attack, which Iran described as a response to an air strike on its consulate, did not cause any casualties DamascusExcept for minor damage, as the Israeli Iron Dome defense system shot down the missiles.
But a government source said that Israeli Prime Minister Benjamin Netanyahu on Monday summoned the war cabinet to meet for the second time in less than 24 hours to discuss how to respond to the first direct attack launched by Iran on Israel. This raised fears in the market that retaliatory measures would affect oil supplies.
Iran produces more than three million barrels per day of crude oil and is a major producer in the Organization of the Petroleum Exporting Countries (OPEC).OPEC).
The two benchmarks rose on Friday with expectations of an Iranian retaliatory attack, and prices rose to their highest levels since October.
In China, the world's largest oil importer, official GDP figures scheduled for Tuesday are expected to show growth slowing to 4.6 percent on an annual basis from 5.2 percent in the previous three months.
This would continue to pressure policymakers to unveil more economic stimulus measures that could boost oil prices.
