Commodities Oil holds steady as rising US rig count offsets Iran sanctions worries Updated : October 22, 2018 08:13 AM IST Front-month Brent crude oil futures LCOc1 were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. US West Texas Intermediate (WTI) crude futures CLc1 were at $69.07 a barrel, 5 cents below their last settlement. US sanctions against Iran’s oil exports will start on November 4. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.