Crude oil traded flat on Monday as investors turned their attention to the release of Chinese economic data.
In the Asian session, Brent crude oil futures traded little changed at around $86 per barrel, while US WTI traded at $82 per barrel.
Gross domestic product (GDP) to be published on Tuesday will show the extent of China's economic growth in the first quarter after Covid-19 restrictions are lifted.
Investors will be looking at how the recovery in the world's second largest economy will drive demand for crude oil this year.
Last week, a report from the International Energy Agency (IEA) revealed that demand for 2023 is expected to increase by 101.9 million barrels per day, 2 million barrels higher than last year.
However, the IEA warned OPEC production cuts risked worsening the oil supply deficit in the second half as well as harming consumers and the recovery of the global economy in the wake of high price increases.
