Oil prices rose more than 1 percent early on Monday on a weaker dollar, but another rise in U.S. drilling activity stoked worries that a global supply glut will persist despite an OPEC-led effort to curb output. Brent crude futures were up 50 cents, or 1.1 percent, at $46.04 per barrel at 0215 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 44 cents, or 1.0 percent, at $43.45 per barrel. Analysts said oil prices extended gains as investors covered short positions, but there was little fundamental news supporting prices.

For Commodity Market Tips Click Here >> https://www.justdial.com/Indore/Ripples-Advisory.