U.S. crude oil rose on Monday as the news of the death of the top leader of the Democratic People's Republic of Korea (DPRK) added uncertainty to the stability of Korean peninsula, but lingering European debt woes limited the gains, Xinhua reported.
Light, sweet crude for January delivery edged up 35 cents, or 0. 37 percent to settle at 93.88 dollars a barrel on the New York Mercantile Exchange. In London, Brent crude for February delivery also rose moderately and last traded above 103 dollars a barrel.
