Brent crude futures climbed more than 2%, gaining $2 a barrel on Monday as further supply cuts in OPEC+ production are expected in the coming weeks.
Brent crude futures were up $2.00 to $82.61 a barrel by 9:39 a.m. CDT (1539 GMT). U.S. West Texas Intermediate crude was up $1.65, or 2.17% at $77.54.
The front-month December WTI contract expires later on Monday. The more active January futures gained $1.79 to $77.83.
