A gull flies with offshore oil and gas platform Esther in the distance on January 5, 2025 in Seal Beach, California. (Photo by Mario Tama/Getty Images/AFP)
Singapore: Oil prices hovered at their highest since October on Monday as investors eyed the impact on global fuel demand from colder weather in the Northern Hemisphere and Beijing's economic stimulus measures.
Brent crude futures rose 15 cents, or 0.2%, to $76.66 a barre, after settling on Friday at its highest since October 14.
US West Texas Intermediate crude gained 22 cents, or 0.3%, at $74.18 a barrel after closing on Friday at its highest since October 11.
