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Crude oil gains on U.S. attack on Houthis, China’s hopeful economic data (USO:NYSEARCA)
SlavkoSereda/iStock via Getty Images
Crude oil futures rose modestly on Monday, as U.S. airstrikes hitting Houthi targets in Yemen over the weekend provided a boost, while new Chinese economic data lifted hopes for improved demand.
The Houthis threatened to respond to the strikes with
