The weekend conclusion of talks among Group of 20 finance chiefs, where it approved parts of a plan to contain the eurozone's debt crisis and prevent a possible Greek default, has led commodities futures, particularly copper and oil, to rise on Monday.

On the London Metal Exchange, copper metal for delivery increased 1 per cent to $7,619.50 a metric tonne, its biggest since Sept. 27. The metal contract exchanged at $7,561 as of 10:16 a.m. Shanghai time, after a 2.4 per cent gain last week. Copper for December delivery on the Shanghai Futures Exchange advanced 0.7 per cent to $8,846 a tonne.

Meanwhile, oil futures grew as much as 1.1 per cent, continuing gains posted from the biggest close after almost a month. Monday's figures added to oil's 4.6 per cent growth last week.

Development of talks by Group of 20 finance ministers and central banks held in Paris and concluded over the weekend bolster investor and market confidence into the commodities.

The European leaders committed to work on a strategy to resolve their debt crisis, setting Oct. 23 a deadline.

New data from the U.S. retail sales showing strong and favorable results likewise bolstered copper and oil futures to surge.

U.S. retail sales jumped 1.1 per cent in September, according to Commerce Department data on Oct. 14, with consumption climbing the most in seven months.

Crude for November delivery obtained as much as 91 cents to $87.71 a barrel in electronic trading on the New York Mercantile Exchange. It advanced at $86.80 on Oct. 14, its biggest close since Sept. 20. Prices were down 4.3 per cent this year.

Meanwhile, Brent oil for December reached 45 cents, or 0.4 per cent, to $112.68 a barrel on the London-based ICE Futures Europe exchange.