LONDON—Oil prices steadied after earlier declines on Thursday caused by disappointing economic data from key economies, with investors awaiting a speech by U.S. Federal Reserve Chair Jerome Powell on Friday for clues on interest rate moves.
Brent crude climbed 6 cents, or 0.1 percent, to $83.27 a barrel by 0855 GMT, after dropping to $82.57 earlier in the session. U.S. West Texas Intermediate crude rose 4 cents, or 0.1 percent, to $78.93 a barrel, after falling to $78.22.
