Oil prices steady amid US supply growth, OPEC uncertainty

FILE PHOTO: A maze of crude oil pipe and equipment is seen with the American and Texas flags flying in the background during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US. Picture: REUTERS/Richard Carson

LONDON – Crude futures regained ground after early losses on Friday, but the US benchmark is set for a second consecutive week of declines as US oil output comes close to matching that of top producer Russia. North Sea Brent crude’s premium over West Texas Intermediate (WTI) futures remained near three-year highs above $10 a […]

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