Oil futures rose in Asia, recovering some after Friday's slide, amid a start-of-week move by investors out of risk assets and back into commodities and equities.
--October Nymex light, sweet crude on the New York Mercantile Exchange was recently up 0.7% at $47.83 a barrel in the Globex trading session. November Brent rose 0.4% to $53.99 on London's ICE Futures and October gasoline gained 0.5% to $1.6560 a gallon.
Continue Reading Below
--Though Hurricane Irma weakened ahead of hitting Florida, and its eye came ashore along the less-populated western coast, the risk of supply disruptions and reduced oil demand remains.
Write to Biman Mukherji at firstname.lastname@example.org
(END) Dow Jones Newswires
September 11, 2017 00:25 ET (04:25 GMT)