Oil prices rise slightly on support from the stimulus despite plentiful supplies

Oil prices rise slightly on support from the stimulus despite plentiful supplies

SINGAPORE: Oil prices rose on Monday, with Brent futures expected to post fifth consecutive monthly gain, as global stimulus measures support prices even as demand struggles to return to pre-COVID levels in a well-stocked market.

Brent futures for November climbed 27 cents, or 0.6%, to $ 46.08 a barrel at 0038 GMT, while U.S. West Texas Intermediate crude was at $ 43.11 a barrel, in up 14 cents,…

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