SINGAPORE: Oil held its ground on Monday, with political uncertainty in the U.S. and the Middle East supporting prices, offsetting downward pressure from a stronger dollar and weak demand in top importer China.
Brent crude futures slid 13 cents, or 0.2%, to $84.90 a barrel by 0640 GMT after settling down 37 cents on Friday. U.S. West Texas Intermediate crude stood at $82.15 a barrel, down 6 cents, or 0.1%.
