Oil prices steady as markets weigh weak China data, tighter crude supplies
Oil prices held steady in early trading on Wednesday after a 1 per cent drop in the previous session, as markets weighed weak economic data from China, the world's biggest oil importer, against tightening U.S. crude supplies. Brent crude futures rose 3 cents to $84.92 a barrel at 0001 GMT, while U.S. West Texas Intermediate crude (WTI) rose 5 cents $81.04.