The decline in the US dollar was used by the crude oil market to register some gains after days of being stuck at low levels.
By the end of the Asian session, Brent crude oil futures were trading at $89 a barrel while US WTI was trading higher at $81 a barrel.
Both benchmarks have bounced back after hitting nine-month lows this week.
This was supported by the decline in the US dollar and an unexpected drop in US crude oil supplies by 215,000 barrels last week.
The Energy Information Administration (EIA) also reported a larger-than-expected reduction of 2.4 million barrels.
This reading helped to some extent ease the market's concerns about the declining demand in the United States.
The focus now turns to China's manufacturing data due out on Friday, where it is expected to continue to show a decline in industrial activity that also means limited oil demand from the world's largest importer.
