Oil prices spiked more than 1% on Sunday after the Wagner Group's attempted mutiny.
Analysts say oil prices could continue to gain on the geopolitical risks in energy giant Russia.
Following the aborted coup over the weekend, benchmark crude oil US West Texas Intermediate and Brent crude oil futures both jumped over 1% on Sunday.
As of Monday, oil prices have come off — but analysts say oil futures could continue posting gains due to the geopolitical risk in energy giant Russia.
Benchmark US WTI crude oil futures were up 0.2% at $69.29 a barrel at 1:29 a.m. EDT on Monday.
Persons:
Wagner Group's, Rystad Energy's Jorge Leon, —, Vladimir Putin's, Jorge Leon, Leon, Paul Sheldon
Organizations:
Service, West Texas Intermediate, Brent, Rystad Energy, P, Commodity
Locations:
Russia, Kuwait, Ukraine, Kazakhstan, Azerbaijan