Oil up 2 pct on producer deal speculation; gasoline dips

Oil prices rose about 2 percent on Monday after Venezuela hinted that OPEC and other major oil producers could agree to a market support deal and as clashes in Libya disrupted attempts to boost crude exports. Oil was also supported by higher equity prices on Wall Street and a weaker dollar that made greenback-denominated commodities, such as crude, more affordable to holders of the euro and other currencies. Last week, Brent hit a two-week low and WTI fell to a five-week low on concerns about ov