Crude oil futures moved higher in holiday thinned trade as the floor trading was closed on account of Labor Day. Traders got some support with refinery activity slowly resuming on the Gulf Coast, although they were still trying to assess the long term damage of Hurricane Harvey on the U.S. petroleum industry. Investors also closely followed developments in the US-North Korea standoff.

Benchmark crude oil futures for October delivery last traded up by $0.29 or 0.61 percent to $47.58 on the New York Mercantile Exchange. In London, Brent crude for October delivery ended down by 0.20 cent at $52.55 a barrel on the ICE.

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