Oil Climbs After Hitting One-Month Low

Oil prices climbed after sliding to a one-month low in the previous session.

Brent crude futures rose 27 cents, or 0.43%, to $62.75 a barrel at 0512 AM WAT on Wednesday, while U.S. West Texas Intermediate crude futures gained 24 cents, or 0.41%, to $58.19 a barrel.

Both Brent crude and WTI settled down 89 cents on Tuesday after Ukrainian President Volodymyr Zelenskiy told European leaders…