Oil prices rose on Monday following a weak start, as a recovery in Chinese demand and a weaker dollar supported a market concerned about a potential increase in U.S. interest rates.
By 04:10 GMT, Brent crude futures had increased by 19 cents to $82.97 per barrel. West Texas Intermediate (WTI) crude futures rose by 20 cents or 0.26% to $76.88 per barrel.
The dollar's decline makes oil cheaper for holders of other currencies, which supports oil prices.
Prices also received support from comments made by Amin Nasser, CEO of Saudi Aramco, on Sunday regarding Chinese demand for crude oil.
Market sentiment remains fragile, with analyst concerns about the Federal Reserve's potential shift towards tighter monetary policy due to rising crude oil inventories in the United States, as noted by analysts at "Y.H. Anz" Bank in a morning memo on Monday.
