Brent crude futures climbed $1.12 to close at $73.42 per barrel while US light, sweet crude settled $1.31 higher at $72.45 per barrel.
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Oil Price Rose on Iran's Announce
Oil prices rebounded on Monday from two-month lows
Oil prices rebounded on Monday from two-month lows on news about Iran's nuclear programme.
Iran has said it will not suspend uranium enrichment, a key demand of an international proposal aimed at resolving the nuclear program row.
Brent crude futures climbed $1.12 to close at $73.42 per barrel while US light, sweet crude settled $1.31 higher at $72.45 per barrel.
There are also worries that hurricanes could hit oilfields in the Gulf of Mexico, bringing disruption to supply there.
Brent crude futures climbed $1.12 to close at $73.42 per barrel while US light, sweet crude settled $1.31 higher at $72.45 per barrel.




