Oil prices steady, but global growth worries hold sway
Updated : January 24, 2019 08:01 AM IST
International Brent crude oil futures were at $61.17 a barrel at 0124 GMT, up 3 cents from their last settlement, having closed down 0.6 percent in the previous session.
Analysts said oil remains under pressure amid growing concerns about a slowdown in global economic growth.
Crude inventories rose by 6.6 million barrels in the week ended January 18 to 443.6 million, compared with analysts’ expectations for a decrease of 42,000 barrels.
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