Oil prices rose, during trading on Monday, while Brent touched its highest level in 5 months, supported by a 30% reduction in crude supplies from Abu Dhabi.
Brent crude futures rose, by 06:56 GMT, by 1% to $ 46.27 a barrel.
Before that, Brent crude rose to $ 46.38 a barrel, the highest level since last March.
US West Texas Intermediate crude reached $ 43.25 a barrel, up by 0.7%.
The Abu Dhabi National Oil Company (ADNOC) informed its customers today that it will reduce supplies in October by 30%, as part of the UAE’s commitment to the OPEC + agreement.