Oil prices steadied in Asian trading on Wednesday, as traders weighed uncertainty surrounding developments in the Middle East conflict against continued bearish fundamentals.
Brent crude futures rose 11 cents, or 0.14%, to $77.29 a barrel. US West Texas Intermediate futures rose 3 cents to $73.60 a barrel.
Hurricane Milton, one of the most intense Atlantic hurricanes on record, is expected to make landfall on Floridas Gulf Coast on Wednesday, potentially disrupting gasoline supply to the third-largest consuming state in the US.
Source: Qatar News Agency