NEW YORK (Reuters) -Oil prices steadied on Thursday, holding close to their highest levels in almost three years, supported by drawdowns in U.S. inventories and accelerating German economic activity.
Doubts about the future of the 2015 Iran nuclear deal that could end U.S. sanctions on Iranian crude exports also helped prices.
Brent rose 12 cents, or 0.2%, to $75.31 a barrel by 12:28 p.m. EDT (1628 GMT), after earlier rising to $75.78. U.S. crude slipped 1 cent to $73.07 a barrel, after hitting a session high of $73.61 earlier.
Both benchmarks had hit their highest since October 2018 on Wednesday before paring gains.
