At 11.11 am (0311 GMT), New York"s main oil futures contract, light sweet crude for delivery in June, was up 21 cents at 65.15 usd a barrel after closing at 64.94 usd in US trading Friday.
Brent North Sea crude for July delivery rose 32 cents to 69.74 usd, having hit an eight-month high of 70.35 usd on Friday.
"The market is waiting for some direction ... and (it) is rather quiet," said Tobin Gorey, Commonwealth Bank of
"The issue with gasoline remains ... The market is still very sensitive to gasoline supplies," Gorey said.
Dealers said the market remained concerned whether US refineries could meet gasoline demand when Americans take to the highways during the holiday driving season which begins on the May 26-28 weekend.
The market was also tracking fresh troubles in
This month alone more than 30 foreigners have been abducted in the volatile
On Sunday, Nigerian oil unions threatened to launch a strike beginning Thursday to protest the planned sale of two government-owned oil refineries in the city of
"What could stir things a bit are worries over the strike on May 24 that would affect the global crude market," Gorey said.
PIN/AFP
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