Wall Street braces for more volatility as brutal January draws to a close

Oil markets have continued to buck the grim trends of 2022, bolstered by steady production and the upward pressures of tensions in the Middle East and between Russia and Ukraine. Brent crude, the international oil benchmark, was trading about .5 percent higher Monday, around $89 per barrel. West Texas Intermediate, the U.S. oil benchmark, was also trading about 0.5 percent higher, around $87.25.