
The North Sea crude, a benchmark in Europe, closed the session on the Intercontinental Exchange trading at $1.60 above the $68.44 mark at which it closed transactions on Friday.
Today marked the first day Brent closed above $70 in the past two weeks.
The day before, a trade agreement between the United States and the European Union was announced in Scotland, following a meeting between Donald Trump and Ursula von der Leyen.