EnergyWatch

Oil recovers on steep Monday decline

Geopolitical tensions in Eastern Europe and the Middle East prompt concerns over disruptions in oil deliveries, underpinning crude prices.

Photo: Tony Gutierrez/AP/Ritzau Scanpix/AFP / GETTY IMAGES NORTH AMERICA

Tuesday morning sees oil prices slightly higher than the level at 5 p.m. CET Monday, when prices plunged.

The day was one of general panic on global financial markets and also saw fluctuations on the commodities market.

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