LONDON—Oil prices held steady on Monday after suffering losses at the end of last week, as investors’ focus returned to a tight global supply outlook while a last-minute deal that avoided a U.S. government shutdown restored some risk appetite.
Brent December crude futures rose 17 cents, or 0.18 percent, to $92.37 a barrel by 0802 GMT after falling 90 cents on Friday. Brent November futures settled 7 cents lower at $95.31 a barrel at the contract’s expiry on Friday.
