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Oil prices climb as risk appetite grows, focus returns to supply outlook

TOKYO :Oil prices edged up on Monday, recouping some of the losses suffered at the end of last week, as investors focused on a tight global supply outlook while a last-minute deal that avoided a U.S. government shutdown restored risk appetite.Brent December crude futures rose 25 cents, or 0.3 per cent, to $92

Oil prices rise as risk appetite grows, focus returns to supply outlook

Oil prices climb as investor risk appetite grows

Oil prices climbed on Monday, reversing some of Friday's losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their risk appetite. Brent December crude futures rose 18 cents, or 0.2%, to $92.38 a barrel by 0037 GMT after falling 90 cents on Friday. U.S. West Texas Intermediate crude futures gained 23 cents, or 0.3%, to $91.02 a barrel, after losing 92 cents on Friday.

Oil Prices Steady as Focus Returns to Supply Outlook

Oil Prices Steady as Focus Returns to Supply Outlook
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