Brent crude was steady at $106 a barrel today, but is due to drop as slowing global economic growth continues.
Asian shares and the euro took a hit following weak data from the US, China and Europe and the uncertain fate of Greece.
Losses were limited, however, as risks to supply increased as talks on Iran’s nuclear programme reached a stalemate, with Western countries insisting Iran must cease uranium enrichment, reports Reuters.
Brent crude increased by 2 cents to $106.57 a barrel, while US crude fell 2 cents to $90.64.
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