India, Jan. 26 -- Oil prices were consolidating on Monday after climbing more than 2 percent in the previous session on the prospect of production disruptions in major U.S. crude-producing regions due to bad weather.
Benchmark Brent crude futures were up 0.2 percent at $65.19 a barrel while WTI crude futures held steady at $61.10.
Both contracts jumped around 2.7 percent last week, closing on Friday at their highest points since January 14 after tensions soared between the U.S. and Iran.
Media reports quoted U.S. officials as saying that the aircraft carrier USS Abraham Lincoln and several guided-missile destroyers will arrive in the Middle East in the coming days.
Additional air-defense systems were also being eyed for the region to gu...