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.
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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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