Reuters | Oil Steadies as Ample Supply Meets Firm Demand New York Times LONDON — Oil markets steadied on Tuesday, supported by firm demand but weighed down by high supplies from OPEC and producers in the United States. Benchmark Brent crude was down 10 cents at $48.32 a barrel by 0720 GMT. U.S. light crude oil was ... Oil prices stable as strong demand meets ongoing supply glut Oil Snaps Winning Streak as Doubts Over OPEC Cuts Weigh on Price Oil is stable as demand balances persistent glut |