Oil steadies after 3% drop on demand fears
Oil prices were mostly unchanged in early trade on Wednesday, after sliding 3% in the previous session on worries about demand stalling on potential new lockdowns in top oil importer China as COVID-19 cases rebound.
Brent crude futures rose 2 cents to $95.38 a barrel by 0126 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 4 cents to $88.87 a barrel.
