Oil futures ended largely unchanged on Monday as a ceasefire agreement between Hamas and Israel continued to elude negotiators.
Both crude oil benchmarks settled 37 cents, or 0.5%, higher with Brent crude futures at $83.33 a barrel and U.S. West Texas Intermediate crude futures (WTI) at $78.48 a barrel.
Last week, both contracts posted their steepest weekly loss in three months, with Brent falling more than 7% and WTI down 6.8%, as investors weighed weak U.S. jobs data and the possible timing of a Federal Reserve interest rate cut.
Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.