India, June 9 -- Oil prices held steady on Monday after rallying 4 percent last week.

Benchmark Brent crude futures were marginally lower at $66.46 a barrel in European trade while WTI crude futures were up 0.1 percent at $64.66.

There is a lack of clear direction as news of another round of U.S.-China trade talks was offset by disappointing inflation and trade data from China.

Investors are pinning hopes that another round of U.S.-China trade talks that will take place in London later today could help ease trade tensions between the two superpowers.

Beijing confirmed that Vice Premier He Lifeng will attend the talks. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer would likely...