Investing.com - Oil steadied at lower levels Monday as investors largely shrugged off a failed military coup in Turkey on Friday.
U.S. crude was down 31 cents, or 0.66%, at $46.34, at 06:45 ET, while Brent crude shed 0.50% to $47.37.
Crude shipments continued to flow through the strategic Bosphorus Strait in Istanbul.
The key sea passage had been closed for some hours in the wake of the attempted coup.
The market was underpinned by upbeat economic data out of China and the U.S. on Friday.
U.S. retail sales grew more than expected in June, while Chinese Q2 GDP growth beat forecasts.
The Baker Hughes U.S. rig count Friday showed an increase of six to 357.
The number of rigs operating in the U.S. has risen six out of the past seven weeks.
The dollar index was slightly lower, underpinning demand for oil.