Despite the reopening of the Suez Canal, oil prices started the week off to a positive start. WTI gained 1% on Monday

After the container ship that was obstructing the Suez Canal was put back afloat, it will take several days to return to normal. Because, more than 400 ships are waiting for passage on either side of the canal.
On Monday evening, the May futures contract for WTI crude oil rose 1% to $61.56 on Nymex, while the barrel of Brent crude oil with May maturity rose 0.6% to $64.98. Last week, which was highly volatile, resulted in a 0.9% gain for WTI, while Brent had fallen behind.
Markets are also speculating on the monthly Opep+ meeting scheduled for Thursday to decide whether the group of oil-producing countries will increase production in May, or continue its current policy of restriction, given the uncertainties on oil demand linked to the resurgence of the coronavirus epidemic, in Europe in particular