Court battle over results can cause additional uncertainty in crude market

OPEC and allies will be monitoring deteriorating demand outlook closely

Producers have shut 293,656 bpd of oil output due to Hurricane Zeta

Crude contracts have been trading in $2-2.5 per barrel range for two weeks

Prices found some support from hopes of US fiscal package

Some European countries reviving curfews, lockdowns to fight surge in new virus cases

Support comes from supply cuts in the Gulf of Mexico, offshore workers’ strike in Norway

Prices dip after Trump ended talks on economic aid package

Rally in world stock markets, expectations of new US stimulus package also boost oil

Prices slumped more than 4% on Friday following Trump’s diagnosis