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Oil steady as Trump, Kim launch summit in Singapore

Reuters  |  SINGAPORE 

By Henning GloysteinSINGAPORE (Reuters) - Oil prices were little changed in early Asian trading on Tuesday as markets awaited the outcome of a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore.Traders also said they were reluctant to take on large new positions ahead of a meeting between producer cartel OPEC and some of its allies on June 22.Brent crude futures , the international benchmark for oil prices, were trading at $76.40 per barrel at 0117, down 6 cents from their last close.U.S. West Texas Intermediate (WTI) crude futures were at $66.08 a ...

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First Published: Tue, June 12 2018. 06:52 IST