Oil prices rose by more than 1% on Monday after OPEC's monthly market report eased worries about waning demand in the United States and China.

Brent crude futures rose by a dollar, or 1.2%, at $82.43 a barrel by 1:21 p.m. ET (1821 GMT). U.S. West Texas Intermediate (WTI) crude futures were also up a dollar, or 1.3%, at $78.17 per barrel.

The euro is making strides towards the 1.0700 mark against a slightly weaker US dollar today, maintaining its momentum despite no significant shifts in market news or sentiment. The currency's resilience comes as markets maintain a neutral risk sentiment, carrying over from last week's risk-on movement.

The dollar climbed to its highest level in more than a year against the Japanese yen, near the key psychological level of 152, on Monday, but then fell sharply amid a flurry of trading in $3.45 billion of options that come due this week.

There were about $1.25 billion in options contracts set to expire at 10 a.m. ET (1500 GMT) with a 152 strike price, analysts said. Another $2.2 billion was set to expire on Wednesday, they said.

Bitcoin's price dropped below $36,950 today as the cryptocurrency market remained on edge in anticipation of this week's key macroeconomic data releases. The market's focus is on how these updates could influence risk-sensitive assets like cryptocurrencies.

Oil prices edged higher Monday, helped by bullish comments from OPEC, although renewed concerns over waning demand in the United States and China limited gains.

By 09:30 ET (14.30 GMT), the U.S. crude futures traded 0.2% higher at $77.34 a barrel, while the Brent contract climbed 0.3% to $81.64 a barrel. 

Gold prices fell to a more-than three-week low on Thursday, extending a rash of recent losses after several Federal Reserve officials warned against bets that the central bank was done raising interest rates.

More than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of electricity during extreme cold again this winter due to lacking natural gas infrastructure, the North American Electric Reliability Corp (NERC) said on Wednesday.

Gold prices have been on a downward trend, with the XAU/USD pair dropping to $1,956.65 per troy ounce on Tuesday, following concerns about the potential continuation of monetary tightening by the Federal Reserve. Despite this, Wall Street managed to hold onto intraday gains as US Treasury yields remained subdued after Monday's rise.

Oil prices recovered after hitting a three-week low on Tuesday, as investors weighed a stronger U.S. dollar, darkening global economic signals and tightening supply.

Brent crude oil futures were up 55 cents to $91.26 a barrel by 1:01 p.m. EDT (1701 GMT), after falling to a session low of $89.50, the lowest price since Sept. 8.

The US dollar has surged to a ten-month peak, reaching a 107.16 level on the US Dollar Index, influenced by hawkish views from the Federal Reserve and 16-year high Treasury yields, as reported on Tuesday. This development comes as investors anticipate a longer period of restrictive monetary policy due to broad economic resilience, further cementing the greenback's position in global currency markets.