Oil prices rose on Monday, with Brent crude trading at $ 80 and US crude above $ 69 a barrel on fears of Hurricane Willa in Mexico.

According to the Baker Hughes report released Friday evening, the number of oil drilling platforms in the United States during the week ended October 19 to 873, to record the highest levels since March 2015, according to Baker Hughes report.

Saudi Arabia vows not to use oil prices as a weapon in Khashoggi

Saudi Arabia has no intention of using its influence on oil prices to respond to international pressure on the killing of Washington Post reporter Jamal Khashoggi, according to an interview with Tass published on Monday.

Al-Falih pointed out that Saudi Arabia is a "very responsible country" that has used oil policy for decades as a "responsible economic outcome isolated from politics." "So let's hope that the world will deal with the political crisis, including one with a Saudi citizen in Turkey, with wisdom, we will exercise our wisdom in both the political and economic fronts." The minister added.

Al-Falih said his country should "appreciate and support" its efforts to stop rising oil prices by increasing production by more than 700,000 bpd amid renewed sanctions on Iranian oil imports. However, he could not guarantee that the kingdom could halt the rise in oil prices to as much as $ 100 a barrel in light of the tightening of market supply.

Mexico announces preparedness in several coastal areas

Hurricane Willa has been hit by the hurricane on Sunday, off the Pacific coast of Mexico, according to forecasts by US monitoring centers. The National Hurricane Center in Miami warned that Hurricane Willa is "

Raising concerns over the oil spill from the Mexican coast

Oil prices

West Texas crude futures for November delivery rose 0.32% to $ 69.34 a barrel at 8:20 am GMT
While Brent crude for December delivery rose 0.31% to $ 80.03 a barrel.