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Oil steadied on Thursday after settling lower the previous day as signs of retreating fuel demand in the U.S., the world's biggest oil user, contended with widening conflict risks in the Middle East.
Oil prices were range-bound on Thursday as falling fuel demand in the US amid signs of a slowing economy contended with concerns for widening conflict in the Middle East producing region. Brent crude futures hold around $88 a barrel, after falling 0.5 per ...