Oil
The contract includes a mandatory and optional extension period of up to 18 months
Brent crude futures for June delivery fell 23 cents, or 0.2 percent, to $90.22 per barrel
Sustained oil output, growing non-oil investments key to healthy economy
Index reveals 2.1 percent annual increase in manufacturing activity
Brent oil futures expiring in June rose by 0.6 percent to reach $90.89 per barrel
Investors await consumer price index data from U.S. and China later this week
The rise in prices is fueled by geopolitical tension and supply concerns
Mixed U.S. inventories impact crude oil gains, production offset by fuel demand
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
Iraq and Nigeria lead reductions, maintaining OPEC's commitment to supply restraint
China and U.S. demand boost prices amid Middle East conflict
