Oil prices steadied a little on Tuesday, supported by signs of progress in talks...
SEOUL - Oil prices steadied a little on Tuesday, supported by signs of progress in talks on resolving the U.S.-China trade dispute, but gains were contained by lingering anxiety a slowdown in the global economy could hurt crude demand.
U.S. West Texas Intermediate crude futures advanced 18 cents, or 0.3%, from their last close to $53.49 per barrel. In the previous session, WTI settled 0.9 lower at $53.31 a barrel. “Crude oil prices remained in the doldrums, with ongoing economic weakness weighing on sentiment,” ANZ Bank added.
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