Oil prices were little changed on Monday, a day after the widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.
Brent futures were up 19 cents to $83.74 a barrel at 1422 GMT after rising 2.4% last week. U.S. West Texas Intermediate (WTI) rose 6 cents to $80.03 a barrel following a 4.6% gain last week.
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are extending their voluntary oil output cuts of 2.2 million barrels per day (bpd) into the second quarter to cushion the market amid global economic concerns and rising output outside the group.