Oil prices steady as US storm threat wanes

Brent crude ended the session up 21 cents, or 0.3%, at US$75.67 a barrel. On Wednesday Brent touched $76.13, its highest since July 30.U.S. West Texas Intermediate (WTI) ended the session unchanged at $72.61 a barrel after climbing to the highest since Aug. 2 on Wednesday.

NEW YORK: Oil prices steadied on Thursday after hitting a multi-week high a day earlier as the threat to U.S. Gulf crude production from Hurricane Nicholas receded.

Brent crude ended the session up 21 cents, or 0.3%, at US$75.67 a barrel. On Wednesday Brent touched $76.13, its highest since July 30.