Oil rises as dollar strength eases, but Fed weighs

Oil prices rose on Monday, bolstered by a slightly weaker U.S. dollar and stronger equity markets in a session that seesawed between supply fears and expectations that rise in U.S. interest rates would weaken fuel demand.

Brent crude futures for September settlement rose 68 cents, or 0.66%, to $103.88 a barrel by 1402 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 85 cents, or 0.9%, to $95.55 a barrel.