High U.S Output Steadies Oil

After a rough week, oil returns to a steady position. Despite the drop in recent inventories, the U.S. output was so high that it established an offset. Nasdaq reports, “Brent crude futures edged down 11 cents to $66.75 a barrel by 0951 GMT, while U.S. West Texas Intermediate (WTI) crude futures eased 12 cents to …