NEW YORK: Oil steadied on Tuesday, settling narrowly mixed as expectations of output cuts from OPEC and allied producers helped prices bounce after a slide following comments from U.S. President Donald Trump that a trade deal with China may be delayed.
Brent crude futures fell 10 cents to settle at $60.82 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 14 cents to settle at $56.10 a barrel.
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