Brent crude futures were trading up 5 cents, or 0.1%, at $42.67 a barrel by 1048 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 13 cents, or 0.3%, to $40.96.
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Brent crude futures were trading down 4 cents, or 0.1%, at $42.58 a barrel by 0635 GMT, recovering ground after falling to as low as $42.19 earlier in the session.
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OPEC+ experts last week discussed risks of a persisting supply overhang in 2021 in the event of a prolonged and severe second wave of the COVID-19 pandemic.
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Brent crude for December inched up 4 cents to $42.97 a barrel by 0018 GMT and U.S. West Texas Intermediate crude was at $40.90 a barrel, up 2 cents, a day before the November contract expires.
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Brent crude futures fell 23 cents to settle at $42.93 a barrel, and U.S. West Texas Intermediate (WTI) crude futures dropped 8 cents to settle at $40.88 a barrel.
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India's soyoil imports last month stood at 316,232 tonnes, while sunflower oil imports plunged 47% to 66,783 tonnes from a year-ago period
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On the Multi Commodity Exchange, crude oil for October delivery eased by Rs 23, or 0.77 per cent, to Rs 2,981 per barrel with a business volume of 2,888 lots.
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India's fuel demand recovered sharply in June from April before slowing due to the reimposition of restrictions in certain cities because of coronavirus and flooding in some regions.
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On the National Commodity and Derivatives Exchange, refined soya oil for delivery in October declined by Rs 3.6, or 0.38 per cent, to Rs 936 per 10 kg in 13,735 lots.
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Brent crude futures dropped 28 cents, or 0.7% to $43.04 a barrel at 0724 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down 24 cents, or 0.6%, to $40.80.
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