Oil steadies on reports of US-Russia deal

Brent crude futures settled 16 cents, or 0.2%, higher at US$66.59 a barrel, while US West Texas Intermediate crude futures were unchanged at US$63.88.

HOUSTON: Oil held steady on Friday as markets awaited a meeting in coming days between Russian president Vladimir Putin and his US counterpart Donald Trump, but prices marked their steepest weekly losses since late June on a tariff-hit economic outlook.

Brent crude futures settled 16 cents, or 0.2%, higher at US$66.59 a barrel, while US West Texas Intermediate crude futures were unchanged at US$63.88.