Brent crude climbed three cents to $97.17 a barrel ahead of the OPEC meeting this week, but gains were capped by Europe’s debt crisis which is slowing oil demand.

Investors are watching for any change in the group’s output policy, with calls for Saudi Arabia to rein in excess production, reported Reuters.

They are also awaiting Greek election results and talks from policymakers about how to deal with the financial crisis.

Meanwhile US crude slipped 41 cents to $82.91 as the US Energy Information Administration cut its forecast for oil growth by 150,000 barrels a day in its monthly report.