Futures Movers: Oil prices rebound as Middle East tensions persist

Oil prices pushed higher on Tuesday, supported by continued tensions in the Middle East, and as equity markets looked set to calm down after a rocky start to the week.

April West Texas Intermediate crude CLJ8, +0.97% rose by 57 cents, or 0.9%, to $62.63 a barrel. Prices fell 0.4% on Monday, snapping a three-session winning streak. May Brent crude LCOK8, +0.73% gained 52 cents, or 0.8%, to $66.57 a barrel, after slipping 0.2% on Monday.

U.S. stock futures pointed to mostly modest gains when Wall Street trading resumes later. On Monday, oil fell alongside stocks, which finished in deep negative territory as concerns about Facebook Inc’s FB, -6.77% management of user data triggered a slide in technology stocks.

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