Gross short positions on the New York Mercantile Exchange 3067651MSHT climbed to their highest in almost a month.
Brent crude futures LCOc1 slipped 54 cents, or 0.8 percent, to settle at $64.95 per barrel.
"A falling rig count and the strong employment data may have helped support prices", NAN quoted William O'Loughlin, investment analyst at Rivkin Securities, to have said.
UConn, Notre Dame, Louisville, Mississippi State top seeds in women's NCAA Tournament
If the Irish win, they will host either 8th seeded South Dakota St or 9th seeded Villanova in Sunday's 2nd round. The Ducks potentially could stay out west and play in Spokane, where Graves spent many years as Gonzaga's coach.
"The market continues to flip back and forth on the idea that increased global demand and a production cut is going to support prices. but USA production, and North American production levels in general, is going to negate a lot of the impact of that", said Gene McGillian, director of market research at Tradition Energy.
Oil prices decrease on Monday as data showed traders have cut bullish bets on oil.
US West Texas Intermediate (WTI) crude futures were at $61.25 a barrel at 4.14am GMT, down 11c or 0.2% from their previous close.
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However, after she won, Asuka made her way to the ring, pointing at the sign, and challenging Charlotte for WrestleMania . The worst thing that could happen would be a triple threat match as the main event, featuring Styles, Nakamura and Cena.
In oil markets, US energy companies last week cut oil rigs for the first time in nearly two months RIG-OL-USA-BHI, with drillers cutting back four rigs, to 796, Baker Hughes energy services firm said on Friday.
The U.S.jobs report topped estimates last week, increasing confidence in the world's biggest economy, giving a boost to the outlook for energy demand and driving benchmark crude prices up 3.2 percent on Friday. In a monthly report issued Monday (http://www.marketwatch.com/story/us-shale-oil-output-forecast-to-climb-by-131000-barrels-a-day-in-april-eia-2018-03-12), the Energy Information Administration forecast a monthly rise of 131,000 barrels a day in April U.S. oil production.
That is more than top exporter Saudi Arabia producers and almost as much as Russian Federation pumps out, at nearly 11 million bpd.
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Also losing was No. 12 Julia Goerges of Germany, 6-3, 6-3 to No. 21 Anastasjia Sevastova of Latvia. Meanwhile, Kei Nishikori pulled out ahead of his opening match due to illness.
"Our view is still that we have more downside oil prices ahead of us in the short term", SEB said in a note. Iran wants OPEC to work to keep oil prices at about $60 a barrel as an increase toward $70 will encourage shale oil output, Oil Minister Bijan Zanganeh said, the Wall Street Journal reported.