Crude prices reversed early losses on Monday as the dollar lost its momentum, but persistent concerns over a global glut despite some signs producers may try to tackle weak oil futures kept a lid on gains.
Brent crude futures for November delivery were last up $1.93 per barrel at $48.75 a barrel at 0945 GMT and U.S. crude for October delivery was up $1.60 a barrel at a session high of $46 a barrel.