US crude futures rise $1.33/bbl on supportive news

摘要

HOUSTON (ICIS)--NYMEX WTI crude futures for October delivery finished up for the fourth consecutive session, settling at $57.85/bbl, up $1.33, on Monday, in response to upbeat market activity. Saudi Arabia’s newly appointed oil minister, Prince Abdulaziz bin Salman, son of Saudi King Salman, confirmed that there will not be any major shifts in the kingdom’s energy policy and that the key OPEC producer remains committed to limiting oil output together with other allies, including Russia.