Oil steady as U.S. gasoline glut offsets Venezuela turmoil

24 January 2018, News Wires — Oil prices were steady on Thursday after U.S. data showing record high gasoline inventories and an unexpected big build in crude offset the United States’ threat of sanctions on OPEC member Venezuela. Brent crude futures fell 18 cents to $60.96 a barrel by 11:23 a.m. EST (1623 GMT). U.S. West … More »