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Oil holds steady as Russia reaffirms commitment to output cuts

Updated : October 28, 2019 08:16 AM IST

Brent crude was down 1 cent at $62.01 a barrel by 0055 GMT, having logged a weekly gain of more than 4 percent last week, its best weekly gain since Sept. 20.
West Texas Intermediate (WTI) crude futures were down 4 cents at $56.62 a barrel, having risen more than 5 percent last week, also the biggest weekly increase since Sept. 20.
Oil holds steady as Russia reaffirms commitment to output cuts

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