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WTI and Brent crude were higher after earlier gains, with prices supported by Middle East conflict concerns and Hurricane Isaias-related production shutdowns. The market also cited expectations of additional reserve releases and gradual supply increases.
The Dow and major US indexes fell in late morning trade while Treasury yields hovered near fresh multi-decade highs ahead of the Fed minutes release.
The 10-year yield touched its highest since mid-June 2007 and the 30-year since mid-May 2004 before easing. Traders also raised bets on a 25-basis-point Fed hike in October to about 68% from 64% on Friday.