Brent oil prices were up on Monday, supported by ongoing output cuts and recovery in fuel demand as some countries ease curbs to the stop the coronavirus pandemic spreading.
International benchmark Brent crude was trading at $33.62 per barrel at 0554 GMT for a 3.45% increase after closing Friday at $32.50 a barrel.
American benchmark West Texas Intermediate (WTI) was at $30.70 a barrel at the same time for a 3.99% gain after ending Friday at $29.52 per barrel.
The oil rig count in US has declined for ninth consecutive week, according to the latest data released by oilfield services company Baker Hughes on Friday.
The number of oil rigs, an indicator of short-term production in the country, fell by 34 to reach 258 for the week ending May 15, from 292 the previous week.
While the number of 258 oil rigs in US is the lowest level since July 2009, the oil rig count is also down by 544, or 67.8%, from 802 compared to the same period a year ago.
In the past nine weeks, the decline in US oil rig count totaled 425, according to the data.
According to the experts, oil prices can increase more as the easing in restrictions grows.
Also oil prices are supported by the cuts of OPEC and its allies, including Russia.
By Murat Temizer