Oil steadies after global demand worries spark fall
TOKYO: OilNSE 0.52 % ticked higher early on Thursday after falling in the previous session as more signs of slowing global growth added to demand concerns, with Middle East tensions underpinning prices.
Brent crude futures were up 6 cents at $63.24 a barrel by 0053 GMT, after dropping 1 per cent overnight, falling for the first time in four sessions.
US West Texas Intermediate crude were 12 cents, or 0.2 per cent, higher at $55.99 a barrel, having dropped 1.6 per cent in the previous session.
