
Oil prices rose more than 1 per cent on Monday after OPEC+’s planned production increase for November was more modest than expected, tempering some concerns about supply additions, though a soft outlook for demand is likely to cap near-term gains.
Brent crude futures climbed nearly $1, or 1.5 per cent, to $65.52 a barrel by 0905 GMT, while US West Texas Intermediate crude was at $61.83, up 95 cents, or






