Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.
- U.S. crude futures up 2.81% to $118.29 (Contracts for July)
- Brent crude futures up 0.93% to $122.80 (Contracts for July)
- U.S. crude up 2.84% to $115.42 (Contracts for August)
- Brent up 1.17% to $118.98 (Contracts for August)