Global oil prices eased again in Asian trade Monday on concerns over lower demand after a disappointing US jobs data.
Light sweet crude for July delivery was seen trading at $100.11 a barrel at 12.30 p.m Singapore time while Brent crude was seen at $115.55 a barrel in London.
Analysts said the black gold is likely to recover from early setbacks as the dollar remained softer and political tensions in the Middle East are expected to support it.
The dollar DXY slid to a fresh one-month low against a basket of major currencies early in Asia on Monday, as the jobs data bolstered expectations that U.S. interest rates will stay low for longer.
U.S. data showed payrolls rose by 54,000 in May, the softest reading since September, and the country's jobless rate rose to 9.1 percent in May from 9 percent in April.
Violence in the Middle East underpinned prices due to worries that instability could spill over to some of the world's largest oil and gas producers and disrupt global supplies.
Yemeni President Ali Abdullah Saleh was recovering from an operation in Saudi Arabia to remove shrapnel from his chest while a truce between his troops and a tribal federation appeared to be holding.
However, the present scenario for oil arrived on the possibility that OPEC will raise supply when ministers meet this week and chances that Saudi Arabia will push for a rise, analysts added
On Friday, Oil prices dropped sharply in New York on Friday after the government released glum jobs figures for May, but recovered by the end of trading for a modest loss.
The benchmark contract, West Texas Intermediate crude, for July delivery ended at $100.22 a barrel, down 18 cents from Thursday.In London the standard Brent North Sea crude added 39 cents to $115.84
