Oil prices bounce back after week of sharp falls

By Henning Gloystein SINGAPORE (Reuters) - Oil futures rose on Monday, with traders citing opportunistic buying following sharp declines in the previous week that brought prices to their lowest since early August because of ongoing weak fundamentals. International Brent crude oil futures were trading at $46.00 per barrel at 0412 GMT, up 42 cents, or 0.92 percent, from their previous close. U.S. West Texas Intermediate (WTI) crude futures were up 48 cents, or 1.09 percent, at $44.55 a barrel.