Trade in the U.S. dollar was also choppy as investors weighed whether U.S. monetary stimulus will be scaled back in the near term. The greenback strengthened early in the session before slipping back, helping crude prices to recover by making it cheaper for holders of other currencies.
SYRIAN VIOLENCE SPREADS INTO LEBANON
Lebanese soldiers stormed a complex holding gunmen loyal to a radical Islamist cleric in the Lebanese port city of Sidon on Monday and arrested dozens of his supporters, security sources said, in a second day of clashes fuelled by Syria's civil war.
In Baghdad ten car-bomb explosions killed at least 39 people across the city on Monday, police and medical sources said, adding to the worst sectarian violence in six years.