Unrest in China has dragged crude oil trading lower earlier in the week, leading investors to expect OPEC to act to address weakness in the market.


Thousands of protesters demonstrated in several Chinese cities over the weekend to oppose the country's zero-covid-19 strategy.


One of the triggers for the chaos was a deadly fire in the Xinjiang region, where Chinese citizens blamed a curfew for thwarting rescue efforts.


Black commodities, which were already affected by the Covid-19 restrictions in China, continued to decline lower due to this uncertainty.



This saw Brent oil trade down to a 10-month low, and US WTI fell to an 11-month low on Monday.


However, the decline eased back as the market entered the New York session following heightened expectations that OPEC would intervene to support oil price stability.


The group is set for its last meeting of the year on December 4 to decide on withdrawals.


In the Asian session, Brent crude oil futures traded higher at around $85 a barrel while WTI traded higher at $78 a barrel.