Oil prices in Asian trade rose on Monday due to optimism over tighter supplies and heightened uncertainty over the Russia-Ukraine war.
OPEC+ agreed to raise production in October at a slower pace than in previous months, raising output by 137,000 barrels per day.
Brent oil futures for November rose 0.6% to $65.90 a barrel, while West Texas Intermediate crude futures rose 0.6% to $61.83 a barrel.
Oil markets face a potential supply glut in the northern hemisphere this winter, with US fuel demand cooling after the end of the summer season. Brent and WTI futures lost between 3% and 4% last week due to concerns over slowing global demand.
