Published by Oliver Haill on 9th May 2016
(ShareCast News) - Oil prices climbed more than 2% on Monday morning in Asia as traders weighed the impact of wildfires continuing to rage in Canada's top oil-producing province and a change at the top in Saudi Arabia's energy ministry. Brent crude, the international benchmark, rose as much as 2.5 per cent to $46.68 a barrel while West Texas Intermediate, the US marker, gained as much as 2.9 per cent to $45.94. - Financial Times