Brent crude futures traded at $55.59 a barrel and West Texas Intermediate futures was around $52.22 a barrel.
ARDOVA (+10.00%) led the gainer’s chart today, while CUTIX (-10.00%) was the top loser.
Brent crude futures gained 0.63% to trade at $54.72 a barrel while the WTI futures rallied by 0.61% to trade at $51.14 a barrel.
Oil traders are staying long amid reports showing supporters of President Trump storming the U.S. Capitol.
WTI futures traded at $48.85 a barrel thereby printing a gain of 0.68% and Brent crude futures gained 0.69% to trade at $51.80 per barrel.
Brent crude futures gained 0.5%, to $51.09 a barrel, and U.S. WTI crude futures also rallied by 0.5%, to $47.85 a barrel.
Brent crude was down by 0.39% to trade at $51.17 a barrel and West Texas futures dropped lower by 0.23% to $48.12 a barrel.
Crude Oil prices dropped deeper at the second trading session of the week, following a new strain of COVID-19 virus.
Brent crude dropped about 3.20% to trade at $50.59 and WTI futures sank by 3.09% to $47.72.
Crude oil prices were fired up for the seventh straight week leading to the longest winning streak since April 2019