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by Stockwatch Business Reporter

West Texas Intermediate crude for December delivery added 38 cents to $60.13 on the New York Merc, while Brent for January added 43 cents to $64.06 (all figures in this para U.S.). Western Canadian Select traded at a discount of $11.80 to WTI, up from a discount of $12.00. Natural gas for December added two cents to $4.33. The TSX energy index added 4.48 points to close at 296.79.

Oil sands giant Canadian Natural Resources Ltd. (CNQ) added 42 cents to $44.82 on 10.6 million shares, shareholders having had the weekend to ponder the highs and lows of Friday's investor day -- or perhaps just the neutrals, as management sketched out broadly similar themes as in past events. It did include a peek at next year's preliminary guidance. The likely production target for 2026 will be 1.59 million to 1.65 million barrels a day, in line with analysts' predictions. There were, however, some raised eyebrows at the preliminary budget of $6.43-billion, well above analysts' predictions of $5.9-billion to $6.1-billion.

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