Oil steadies as Saudi tensions balance demand outlook
Brent crude futures for December delivery rose 35 cents to settle at $80.78 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 44 cents to settle at $71.78 a barrel.

Oil prices steadied, supported by geopolitical tension over the disappearance of a Saudi journalist that has stoked worries about supplies from Riyadh, but weighed by concern over long-term demand outlook.
Brent crude futures for December delivery rose 35 cents to settle at $80.78 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 44 cents to settle at $71.78 a barrel.
Last week, both contracts fell by more than 4 percent as U.S. stock markets tumbled.
However, rising geopolitical tension between the United States, the world’s top oil consumer, and Saudi Arabia, one of the biggest crude producers, supported prices on Monday.

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