Crude oil prices closed marginally moved in opposite direction in futures market on Monday as investors showed record confidence that prices would rise further, though gains were capped by the prospect of faster growth in US oil production.

Light sweet crude oil (WTI) futures rose 0.06 dollar or 0.11 percent to close at USD 54.05 a barrel at the New York-based commodity exchange NYMEX.

Brent crude oil futures declined 0.06 dollar or 0.11 percent to close at USD 55.93 a barrel at NYMEX. WTI-Brent spread was stable on Feb-2017.

Natural gas futures remained flat at 2.693 a gallon at the NYMEX. RBOB gasoline futures remained flat at 1.742 a gallon at the NYMEX.

In refined products, RBOB heating oil futures remained flat at 1.648 a gallon at the NYMEX.