Crude Oil Futures Edge Higher as November Contracts Trade Firm

International crude benchmarks inched upward on Monday, extending a cautious rebound as traders assessed supply signals and broader economic sentiment. Data showed that Brent crude for November 2025 delivery settled at USD 66.86 per barrel, up USD 0.29, or 0.44 percent, after moving between an intraday high of USD 66.91 and a low of USD 66.10.

West Texas Intermediate (WTI) crude for November 2025 followed a similar trajectory, closing at USD 62.65 per barrel, a gain of USD 0.37, or 0.59 percent, with prices ranging from USD 61.85 on the low end to USD 62.70 at the session’s peak.

Market participants described the moves as measured, pointing to steady demand expectations and a balanced supply outlook as factors supporting prices. Traders continue to watch geopolitical developments and OPEC output guidance for further cues, but for now the market tone remains firm without signaling a sharp shift in direction.

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