NEW DELHI—Oil prices were stable on Monday, amid expectations that major producers would keep supplies tight, as hopes grew for the Federal Reserve to leave interest rates unchanged to avoid dampening the U.S. economy.
Brent crude futures for November traded down 3 cents at $88.52 a barrel by 0648 GMT. U.S. West Texas Intermediate crude (WTI) October futures were unchanged at $85.55 a barrel.
