Reuters | Oil steady as talk of new OPEC deal balances US exports Reuters LONDON (Reuters) - Oil prices steadied on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record U.S. exports and the return of supply from a Libyan oilfield dragged on the market. “Oil news is contradictory ... Oil turns lower to post 3-day losing streak Oil Drops Below $50 as Record US Exports Seen Flooding Market Oil At Two-Week Low |