International oil prices rose by more than 1% during trading on Monday, amid following up on the latest developments in the crude market.
Brent crude futures for January delivery rose by 1.1% to $83.62 a barrel.
The US NYMEX crude contracts for December delivery increased by 1.2% to $82.22 a barrel.
These rises coincide with the announcement by the US Secretary of Energy that President Joe Biden is considering withdrawing from the Strategic Petroleum Reserve.
The data of the General Administration of Customs in China also revealed that the Asian country's oil imports fell to the lowest level since September 2018 during October, at 37.8 million tons, or 8.9 million tons. barrels per day.
On the other hand, (OPEC +) decided last week to maintain the supply policy, which includes an increase in production by 400,000 barrels per day next month, unchanged.
