Oil prices rose on Monday morning when recovering on Asian stock markets, as well as amid tensions in the Middle East.Futures for the North Sea blend Brent climbed 0.79 percent to $65.35 a barrel.
Futures contracts for US light oil WTI by this time traded at $62.37 per barrel, which is 1.12 percent higher than the previous close.
Israeli Prime Minister Benjamin Netanyahu said on Sunday that Israel is ready to act not only against Iran's Middle Eastern allies, but also against Tehran, if it continues to actively intervene in the conflict in Syria.
Among the factors holding back the further rise of the market, analysts call the rapid growth of oil production in the US.
According to the calculations of the Energy Information Administration (EIA), weekly production of raw material in the US rose to a historic high of 10.27 million barrels per day for the week by February 9.
In addition, the number of installations for drilling oil wells in the US last week increased by 7 pieces to 798 - the highest value since April 2015, the data of the oil service company Baker Hughes showed on Friday.
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