SINGAPORE: Brent crude held steady below US$108 a barrel on Friday, after pulling back from a three-month peak in the previous session as the prospect of more supply from non-OPEC producers and concerns about China's demand growth capped gains.
Investors also netted profit on Thursday after a three-week rally on political uncertainty in Egypt, falling US crude inventories and a weaker dollar pushed both Brent and WTI crude futures to multi-month highs.
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