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Oil Prices Supported Above $46 a Barrel

 

Updated from 7:33 a.m. EST

By George Jahn

VIENNA, Austria -- Evidence that OPEC cutbacks were taking hold helped support oil prices above $46 a barrel Monday, with crude also getting support from new unrest in oil-rich Nigeria.

A dispute between Ukraine and Russia over gas imports and Israel's ground offensive in Gaza also kept tensions high, although analysts were split over how much the conflict in the Middle East is affecting markets. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
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-1.73%
-1.46%
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