By Laura Sanicola
NEW YORK (Reuters) - Oil prices were steady on Tuesday, trading close to more than year-long highs on signs that global coronavirus restrictions were being eased although concerns about the pace of a U.S. economic recovery and return of Texas oil production kept gains in check.
Brent crude traded flat at $65.24 a barrel by 12:24 p.m. EST (1704 GMT), still close to its highest levels since January 2020.
U.S. crude fell 15 cents, or 0.2%, to $61.55 a barrel.
Both contracts rose more than $1 earlier before retreating.