Oil Steady as Players Take Stock of Middle East Supply Concerns

OIL PRICE - SINGAPORE. Oil prices were steady in early trading on Friday as investors weighed supply concerns in the Middle East against signs of weakened demand.

Brent crude futures for October delivery expire on Friday and were unchanged at 0033 GMT. The more actively traded contract for November fell 7 cents or 0.09% to $78.75. U.S. West Texas Intermediate crude futures were down 11 cents, or 0.14%, to $75.80.