WTI and Brent hover $0.10 & $0.20 above their...>

OIL: WTI and Brent hover $0.10 & $0.20 above their respective settlement levels

at typing, after a relatively rangebound Monday, with the former settling little

changed and Brent adding to Friday's gains.

- Source reports pointing to OPEC+ closing the gaps re: a production pact

extension continue to do the rounds.

- Although, caution after the recent surge higher for the space, coupled with

tepid equity gains and the potential for re-opening delays in the U.S. on the

back of the well-documented protests/riots limited WTI on Monday,

- Elsewhere, questions around Iraqi deal compliance continue to do the rounds,

fuelled by the latest round of official production data from the country.

- API inventory estimates headline on Tuesday.