Oil price rises as Suez Canal developments offset as Russia seen supporting crude output curbs to May
March 29, 2021 at 08:38 AM EDT
Crude-oil futures trade higher Monday morning as reports ahead of a key meeting of oil producers overshadow the partial freeing of the world’s largest container vessel, which had blocked the Suez Canal for about a week, producing massive logjams in global trade and putting strains on energy assets.