Oil prices rose above $83 a barrel aided by a 15-year low dollar against the yen.

For November delivery, US crude gained 67 cents to $83.33 a barrel by 03:53GMT, while London Brent crude gained 55 cents to $84.58, reports Reuters.

OPEC is unlikely to change oil output targets when it meets in Vienna on Thursday, while Qatar said current oil prices posed no harm to the global economy.