#CNBC U.S. oil closes slightly higher near $95 per barrel after spiking as high as $119 earlier in session

U.S. oil closes slightly higher near $95 per barrel after spiking as high as $119 earlier in session
U.S. oil prices closed below $100 per barrel Monday, as energy ministers from the Group of Seven nations are expected to discuss a potential release of crude stockpiles to address the massive supply disruption caused by the Iran war.

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