Brent crude futures rose 0.53% to $89.50 a barrel in early trading, while US West Texas Intermediate (WTI) contracts also posted modest gains.
The upward movement in energy prices came as the US dollar softened, providing a tailwind for commodity-denominated assets.
The dollar’s decline followed a disappointing US labor market report, which has intensified expectations for further monetary easing by the Federal Reserve.
A weaker currency makes dollar-priced commodities more attractive to international buyers, helping to offset concerns about demand growth.
In Latin American markets, the greenback also faced pressure.
The dollar fell against the Peruvian sol, extending a recent trend of softening in the region.