Oil prices steady after sliding on potential Israel-Hezbollah ceasefire




Oil prices steadied in Asian trading on Wednesday, as traders weighed uncertainty surrounding developments in the Middle East conflict against continued bearish fundamentals.

Brent crude futures rose 11 cents, or 0.14%, to $77.29 a barrel by 0223 GMT. U.S. West Texas Intermediate futures rose 3 cents to $73.60 a barrel.

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