Brent crude stable as market juggles inflation woes with supply fears

Oil prices were stable on Tuesday as the market balanced supply concerns with fears that an inflation-induced weakening of global economies would soften fuel demand.

Brent crude futures for October settlement fell 9 cents, or 0.09%, to $105 a barrel by 0841 GMT, after climbing 4.1% on Monday, the biggest increase in more than a month.

The October contract expires on Wednesday and the more active November contract was at $103.03 a barrel, up 0.1%.

U.S. West Texas Intermediate crude was at $97.18 a barrel, up 17 cents, or 0.18%, following a 4.2% rise in the previous session.