US West Texas Intermediate crude futures rose $2.26, or 4.4%, to $54.19 a barrel by 11:11 a.m. EDT (1511 GMT).
Brent August 2019 contract on ICE could remain in the range of $57-$64 this week.
The fall in soybean prices was mostly due to reduction of exposure by participants.
Currently, SwitchOn works primarily with companies in the automotive and FMCG discrete manufacturing sectors in India and the APAC region.
In the Sensex pack, only seven stocks gained while 23 dropped.
The Nigerian who scammed an Indian showed that old tricks can catch new fools.
A further escalation in trade dispute may trigger a major fall in the stock market.
Hedge funds boosted their bets that West Texas Intermediate crude will fall by 46%, the most since August, according to U.S. Commodity Futures Trading Commission data for the week ended June 11
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