Oil prices surge on supply disruptions, but contango hints at short-lived rally

Oil prices edged up slightly on Tuesday, extending steep gains from the previous session as production was halted at Norway’s Johan Sverdrup oilfield.  Brent prices on the Intercontinental Exchange had rallied more than 3% on Monday due to a softening dollar against a basket of major currencies. co As the dollar weakens, it makes commodities such […]