Oil Steadies After Decline As Focus Pivots To US Stockpile Data
Oil was steady near a six-week low as traders waited for fresh clues on market balances, including the outlook for US stockpiles. Global benchmark Brent held above $82 a barrel after shedding more than 3% over the previous two sessions, while West Texas Intermediate was near $78. The drop came amid sales by algorithmic traders, and as…
