Oil steadies as demand fears offset high OPEC+ compliance


Brent crude futures rose US9 cents to settle at $45.46 a barrel. U.S. West Texas Intermediate (WTI) crude futures ended unchanged at $42.89 a barrel.

NEW YORK: Oil prices steadied on Tuesday as high compliance with supply cuts from the OPEC+ producer group offset demand fears from the new coronavirus.

Brent crude futures rose US9 cents to settle at $45.46 a barrel. U.S. West Texas Intermediate (WTI) crude futures ended unchanged at $42.89 a barrel.

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