Crude Supplies Might Decline, The Prices Up

Crude oil prices gained Monday on speculation that the crude oil supplies might decline for last week.

US light sweet crude oil future for September delivery gained 35 cents to end at $59 per barrel on the New York Mercantile Exchange.

Meanwhile, the September Brent crude-oil futures contract climbed 28 cents to settle at $57.86 per barrel on the IPE.