“Oil prices gained slightly Monday on expectations of higher demand for heating oil as the Northern Hemisphere winter approaches, stretching supplies strained by the slow recovery of U.S. crude production following back-to-back hurricanes,” reports The Associated Press.

“Mid-afternoon in Singapore, light, sweet crude for November delivery on the New York Mercantile Exchange rose 4cents to $66.28 a barrel in Asian electronic trading. The contract on Friday slipped 55 cents to settle at $66.24 a barrel.”