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Oil prices rebounded in Asian trade on optimism that key data out of the US later this week will show the world's biggest economy was continuing its steady recovery, analysts said.
New York's main contract, light sweet crude for delivery in May, climbed 49 cents to 80.49 dollars a barrel. Brent North Sea crude for May delivery was up 36 cents to 79.65 dollars per barrel.
The Institute of Supply Management will release its manufacturing index on the sector's growth Thursday and the Labour Department's report on non-farm payroll employment is to follow Friday.
"I think people are looking towards the data due out later this week and thinking (it) will confirm the view of economic recovery," said David Moore, an analyst with the Commonwealth Bank of Australia in Sydney.
Oil prices declined Friday after weaker-than-expected US economic growth data overshadowed the impact of a rescue plan for debt-ridden Greece, traders said.
Data showed Friday that the US economy -- a top global oil consumer --grew at a slower pace than previously thought in the fourth quarter, as business and consumer spending slackened amid a fragile recovery from recession.
