Crude Oil Prices Rose Higher On Monday With An Optimistic Start

Crude oil prices rose higher on Monday with an optimistic start to the week as oil production returned to services in the Gulf of Mexico as Hurricane Nate weakened and the upbeat comments from Opec boosted sentiment.

According to the Bureau of Safety and Environmental Enforcement - More than 90% percent of crude oil production capacity in the Gulf of Mexico was shut in.

The American Petroleum Institute data is due to be released later on today.

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