SINGAPORE Dec 3 U.S. crude steadied near $89
per barrel on Monday, supported by supply worries stemming from
tensions in the Middle East, although concerns a sluggish global
economy would dent demand growth kept a lid on gains.
* U.S. crude inched down 1 cent to $88.90 by 0031 GMT
while Brent rose 7 cents to $111.30 per barrel. Both
posted gains in November - notching their first monthly rise
* Egypt's President Mohamed Mursi called a Dec. 15
referendum on a new constitution, hoping to end protests over a
decree expanding his powers, which plunged the country into its
worst crisis since he came to power.
* The U.S. Senate resoundingly approved on Friday expanded
sanctions on global trade with Iran's energy and shipping
sectors, its latest effort to ratchet up economic pressure on
Tehran over its nuclear program.
* Oil prices are expected to fall slightly over the next
year as high production feeds softening demand at a time of
slowing global economic growth, a Reuters poll shows.
* The euro zone's crisis is far from over and its members
must tighten budgets and forge a banking union to leave behind
the "fairy world" that allowed problems to grow, ECB President
Mario Draghi said on Friday.
* United States President Barack Obama turned up the
pressure in "fiscal cliff" talks on Friday, hitting the road to
drum up support for his drive to raise taxes on the wealthy and
warning Americans that Republicans were offering them "a lump of
coal" for Christmas.
* China's economy resumed momentum in November, but there
are still signs of over-reliance on the inefficient state
sector, purchasing managers' surveys show.
* The S&P 500 wrapped up its fifth positive month in the
last six on Friday, although it ended the day flat as
politicians remain at odds about how to avoid the so-called
* The euro suffered a bit of a setback on Monday in the wake
of Moody's downgrade of the euro zone rescue fund late last
week, but the Australian dollar fed off growing optimism about
the economic health of its biggest export market, China.
0145 China HSBC Mfg PMI Final Nov
0500 India HSBC Markit Mfg PMI Nov
0500 U.S. Total Vehicle Sales Nov
0843 Italy Markit/ADACI Mfg PMI Nov
0853 Germany Markit/BME Mfg PMI Nov
0858 Euro zone Markit Mfg PMI Nov
1500 U.S. ISM Manufacturing PMI Nov
1500 U.S. Construction spending Oct
(Reporting by Ramya Venugopal; Editing by Himani Sarkar)