Oil prices stabilized on Monday to stop after a big gain last week as a committee monitoring the OPEC-Non-Op. Agreement found output to increase while sentiment was also affected by the US-China trade dispute.
By 15:14 GMT, Brent crude futures were up 11 cents at $ 75.93 a barrel, while US crude futures were down 3 cents at $ 68.69 a barrel.
Traders said prices fell after Gainskp reported that stocks at the WTI delivery point in Kashing, Oklahoma, rose by 764,800 barrels from Aug. 21 to Friday.