Crude oil futures ended higher on Monday lifted by data showing another expansion in US manufacturing sector activity. Strong manufacturing data from China and the Euro area helped ease worries about outlook for energy demand. The manufacturing sector in China continued to expand in October, and at a faster rate, the latest survey from Caixin revealed with a manufacturing PMI score of 53.6, up from 53.0 in September. Meanwhile, markets were also looking ahead to the outcome of the US presidential election.
Crude oil futures for December rose $1.02 or 2.9 percent to settle at $36.81 a barrel on the New York Mercantile Exchange. January Brent crude gained $1.03 or 2.7 percent to settle at $38.97 a barrel on London's Intercontinental Exchange.