The price for Brent crude oil, the global benchmark, was volatile early in the Monday trading day, dropping off about a half a percent before the opening bell on Wall Street, but posting small gains at the start of the trading day in the United States. Brent was trading at about $55 per barrel for the May contract. Prices recovered from near the $45 per barrel mark mid-January to above $60 per barrel, but have since pulled back to the mid-$50s for much of the month. Mohammend al-Madi, the OPEC governor for Saudi Arabia, said during an energy conference in Riyadh it would be “difficult” for current markets to return to a scenario where oil priced about $100 per barrel was normal. Prices were hammered last week after the […]