UK: Oil steady as China's plans to boost U.S. imports counters tensions
LONDON (Reuters) - Oil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and September countered rising tensions between the two countries and a delay in the review of their trade pact over the weekend.
Brent crude LCOc1 was down 13 cents, or 0.3%, to $44.67 a barrel by 1048 GMT, and U.S. West Texas Intermediate crude CLc1 was down 4 cents, or 0.1%, to $41.97 a barrel.