The main US oil contract soared during trading on Monday as investors were comforted about Chinese demand as no new local Covid-19 cases were signalled in the top crude-consuming country.
At 1355 GMT a barrel of WTI, the main US contract, for October delivery was 5.0 percent higher at $65.26 dollars, while the main international contract, Brent for October delivery was up 4.7 percent at $68.25.