News of a unanimous agreement by European leaders on a bailout loan for Athens, which should allow Greece to stay in the euro zone, helped pare early losses, according to the news wire.
Brent crude for August fell $1.89 to a low of $56.84 a barrel before rallying back to around $57.70 by 7:25am in London, Reuters said.
US light crude (WTI) was down $0.90
