(Reuters) - Futures for Canada's main stock index edged lower on Monday, as oil prices halted their rally on mixed signals over global supply.
June futures on the S&P/TSX index were down 0.04 percent at 7:00 a.m. ET.
Brent futures fell below $71 per barrel on signals that Russia may exit production cuts. [O/R]
"I would expect oil to trade in a relatively tight band around $70 per for the time being," said Virendra Chauhan, oil analyst at Energy Aspects in Singapore.
The Toronto Stock Exchange's S&P/TSX rose 81.06 points, or 0.49 percent, to 16,480.53 on Friday.
Dow Jones Industrial Average e-mini futures were up 0.16 percent at 7:00 a.m. ET, while S&P 500 e-mini futures were flat and Nasdaq 100 e-mini futures were down 0.06 percent.