Oil Prices Steady Above $90 as Investors Assess Israel-Hamas War

Oil Prices Steady Above $90 as Investors Assess Israel-Hamas War
Pump jacks operate at sunset in an oil field in Midland, Texas, on Aug. 22, 2018. Nick Oxford/Reuters
|Updated:

LONDON—Brent oil futures steadied above $90 a barrel on Monday after passing the threshold on Friday, as investors waited to see if the Israel-Hamas conflict draws in other countries.

Brent futures were down 39 cents, or 0.43 percent, at $90.50 a barrel at 0855 GMT. U.S. West Texas Intermediate (WTI) crude fell 26 cents, or 0.3 percent, to $87.43 a barrel.