International benchmark Brent crude traded at $75.62 per barrel at 07.38 GMT on Monday while the American benchmark West Texas Intermediate (WTI) saw prices of $68.59 per barrel.
Brent crude traded at $75.53 per barrel at 13.52 GMT on Friday while American benchmark WTI saw prices of $68.58 per barrel.
Following the fall in the U.S. oil rig count as per oilfield services company Baker Hughes data released Friday, Brent crude and WTI started the week with a limited uptick in prices.
Baker Hughes data showed a drop in the number of oil rigs in the U.S. by 9 to 860.
Experts contend that the weakened outlook of global oil demand growth as a result of trade disputes are keeping oil prices from rising further.
By Firdevs Yuksel