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Oil prices steady after global demand worries spark fall

Updated : July 25, 2019 08:09 AM IST

Brent crude futures were up 6 cents at $63.24 a barrel by 0053 GMT, after dropping 1 percent overnight, falling for the first time in four sessions.
US West Texas Intermediate crude were 12 cents, or 0.2 percent, higher at $55.99 a barrel, having dropped 1.6 percent in the previous session.
A series of purchasing manager index readings in the United States and Europe were weaker than expected, confirming concerns about slower economic growth amid a trade war between the United States and China.
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