Jerusalem: Oil prices steadied in early trade today after two consecutive days of losses. Brent crude futures for December delivery rose 12 cents to $66.15 a barrel. US West Texas Intermediate (WTI) crude rose by 12 cents to $62.49 a barrel.
According to Oman News Agency, on Monday, Brent and WTI both settled more than 3% lower, marking their sharpest daily declines since August 1. The decline continued on Tuesday, with each falling at least 1.5% further.