Oil prices were steady on Monday after a weekly gain, as investors weighed economic data from China and looked ahead to U.S.-China trade talks in London, hoping a potential deal could lift the global outlook and support fuel demand.

West Texas Intermediate (WTI) Oil price remains above $64.00 per barrel at the time of writing. Crude Oil prices receive support from positive risk sentiment, driven by a cooling down of tariff tensions between the US and China.

Global stocks and the dollar remained stable as U.S.-China trade talks progressed into their second day, sparking hopes of reduced economic tensions. Despite uncertainties, markets showed positive signs,