Australian and Malaysian producers boasting cargoes valued at close to $70 a barrel.
The price of OPEC's basket of fourteen crudes stood at $61.05 a barrel on Mon.
- The price of Kuwaiti crude oil has gone up $1.78, settling at $59.48 per barrel.
For the first time, all three power ministries are under the direct control of one branch of the royal family
Oil jumped to its highest in over two years on Monday as Saudi Arabia's crown prince cemented his power.
Tunisia expects its olive oil output to triple in the November-December season to a record 280,000 tons, says minister.
The price of OPEC's basket of fourteen crudes stood at $59.15 a barrel on Fri.
Spot gold was down 0.2% at $1,267.01 per ounce
Saudi Crown Prince cements power with high level arrests
Falih met his counterparts from Russia, Kazakhstan and Uzbekistan in Tashkent on Saturday.