NEW YORK (CNNMoney.com) - A rebound in oil prices early Monday on signs of colder weather balanced with cost cuts at embattled automaker General Motors could lead to a mixed open Monday.

U.S. stock futures were slightly higher, although a comparison to fair value suggested a mixed opening for stocks,

Oil prices were up despite comments from Saudi Arabia's oil minister dismissing the idea that OPEC would cut production in the reaction to the recent downturn in prices.

The January light crude futures contract for NYMEX gained 51 cents to $57.72 a barrel in electronic trading, while the January contract for Brent crude rose 70 cents to $55.58.

General Motors (Research) said it will cut about 30,000 jobs, affecting several assembly plants, as part of a broader restructuring plan as it struggles with billions of dollars in losses.

Shares of the embattled automaker's stock was up more than 3 percent in before-market trading Monday.

Peter Cardillo, chief market strategist SW Bach, said that he's looking for a gain for stocks in the holiday-shortened trading week, although it could be off to a difficult start following the expiration of stock options this past Friday.

"Generally speaking, the day after options expiration you have a mixed opening," said Cardillo. "I think GM will be the focus, and I think that's a long-term positive as they try to restructure. But oil prices are backing up due to weather concerns."

Major markets in Asia closed mixed Monday, even as Japan's Nikkei continued its recent rally. Major European markets also were mixed in early trading.

Treasury prices were slightly higher, lowering the yield on the 10-year note to 4.47 percent from 4.49 percent late Friday. The dollar lost ground against on the euro and the yen.

In other corporate news, Dow component Boeing announced deals over the weekend to sell 42 planes to Airline Emirates, and another 70 planes to China in two deals worth a combined $14.7 billion. Shares of Boeing gained in Frankfurt trading.

For a more detailed look at the markets before the open, click here.