NEW YORK, March 27 (Xinhua) -- Oil prices rallied on Monday as worries over the banking sector eased.
The West Texas Intermediate (WTI) for May delivery gained 3.55 U.S. dollars, or 5.13 percent, to settle at 72.81 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery added 3.13 dollars, or 4.17 percent, to close at 78.12 dollars a barrel on the London ICE Futures Exchange.
