Singapore — Oil prices climbed on Monday, recouping some losses from the previous session as hopes that Opec+ will hold current output curbs offset concerns about weaker fuel demand due to rising Covid-19 cases and higher production from Libya.

Figures showing a rebound in the world’s second and third-largest economies, China and Japan, also supported prices, with data that Chinese refineries processed the most crude yet in October on a daily basis...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now