COMMODITY
Crude oil futures settle higher on Monday
Oct-14-2025

Crude oil futures settled higher on Monday as the likelihood of the U.S. getting involved in the ongoing Russia-Ukraine war triggered fresh concerns of military escalation as well as new sanction threats on Russian oil exports. The U.S. President Donald Trump has indicated that the U.S. will supply the Tomahawk missiles to Ukraine to confront Russia.

Benchmark crude oil futures for November rose $0.59 or 1% at $59.49 a barrel on the New York Mercantile Exchange. Brent crude for December delivery increased $0.59 or 0.94% to settle at $63.32 a barrel on London's Intercontinental Exchange.

  RELATED NEWS >>