Oil steady, retraces losses on talk of Brexit deal, hints of OPEC supply restraint
October 15, 2019 at 13:32 PM EDT
Oil prices were narrowly mixed on Tuesday, retracing early losses on optimism about a potential Brexit deal and signals from OPEC that further supply curbs are possible, but prices remained under pressure from U.S.-China trade worries and concern about swelling U.S. crude inventries.