Oil prices decline as U.S. Treasury yields mixed and the dollar edges higher

Odaily Odaily reported that according to Gate data, the U.S. dollar index is currently up 0.2%. The 10-year U.S. Treasury yield stands at 4.459%, higher than last Thursday's closing level of 4.447%. The two-year U.S. Treasury yield fell from 4.130% to 4.108%.

As U.S. markets reopen after the holiday, a Middle East peace agreement remains elusive, and last week's labor indicators disappointed, U.S. Treasury yields were mixed while the dollar edged slightly higher. Meanwhile, OPEC+ agreed to increase production, dragging oil prices lower. The Federal Reserve's meeting minutes are set to be released on Wednesday, with a relatively quiet week ahead on the data front.