Crude Oil Ends Higher, Posts Biggest Monthly Gain Of 2017

By MarketWatch Markets MarketWatch Pulse

Oil futures erased earlier losses to close higher Monday, rallying into the final bell, with the U.S. benchmark settling above $50 a barrel. West Texas Intermediate crude for September delivery on the New York Mercantile Exchange rose 46 cents, or 0.9%, to close at $50.17 a barrel. For the month, oil rallied 8.9%, according to FactSet, its biggest monthly gain of the year.

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