Crude-oil futures settled higher on Monday, with prices finding footing at $50 a barrel after steep declines late last week due to a stronger dollar and rising U.S. oil supplies.On the New York Mercantile Exchange, crude for delivery in April CLJ5, +0.30% climbed 39 cents, or 0.8%, to settle at $50 a barrel after tallying a decline of 3.8% over the past two trading sessions. Brent crude oil for April delivery LCOJ5, +0.03% on London's ICE Futures exchange fell $1.20, or 2%, to settle at $58.53 a barrel.
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