Oil Steadies but Remains on Track for Weekly Decline

Oil Steadies but Remains on Track for Weekly Decline
General view of the Fos-Lavera oil hub near Marseille, France, on Sept. 17. Jean-Paul Pelissier/Reuters
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LONDON—Oil prices were broadly steady on Friday but on track for a weekly decline on fears of sharp interest rate increases expected to curb global economic growth and fuel demand.

Brent crude futures were up 25 cents, or 0.3 percent, at $91.09 a barrel by 0921 GMT but were down 1.9 percent for the week.