Oil futures hovered below three-week lows on Tuesday after Greeks protested against austerity following a bank shutdown.
The move moved investors away from riskier assets and put Brent crude on course for a second month of decline
Oil prices were little changed in early Asian trade on Thursday as an unexpected build in US gasoline inventories offset a higher than forecast draw in US crude inventories, while Brent was supported by buoyant manufacturing figures from Europe.
Oil prices fell in Asian trade on Tuesday on renewed worries over a global glut of oil and lacklustre demand ahead of preliminary manufacturing figures from China and Japan later on Tuesday.
But a forecast drawdown in US crude sto
Oil futures extended gains in early Asian trade on Wednesday as US crude and gasoline inventories fell more than expected and the Energy Information Administration (EIA) raised its 2015 oil demand growth forecast.
Crude oil futures edged lower towards $65 a barrel as the dollar strengthened on Monday, with a public holiday in the United States and much of Europe keeping trading muted.
Front-month Brent crude shed 17 cents to $65.20 a barrel
Oil prices fell on Friday as worries over the impact of war in the Middle East on crude supplies were outweighed by reports of profit-taking ahead of a long weekend.
Monday, May 25 is Memorial Day in the United States and a public
Crude oil prices bounced back on Wednesday from steep falls in the previous session as strong Japanese economic growth surprised markets and the business outlook in Australia also seemed to brighten, stoking producer hopes of increased demand.
Brent crude oil steadied below $67 a barrel on Friday after reports that a growing supply glut is boosting inventories worldwide.
Oil futures have rallied strongly since January after collapsing last year but analysts say the rebo
Brent crude dipped towards $66 a barrel on Monday as weak Chinese data added to demand fears, while near-record supplies from Opec producers maintained worries about oversupply.
China, the world's second-largest oil consumer,
Oil fell more than 1 per cent on Tuesday ahead of weekly US crude inventory data that is expected to hit another high and as Saudi Arabia pledged to supply more oil to China if needed.
US commercial crude stockpiles were expected