Oil steady after hitting 3-week top as Saudi to keep output well below cap


Oil prices steadied on Monday after hitting their highest level in nearly three weeks, supported by comments from top oil exporter Saudi Arabia that it would continue to curb shipments in line with the OPEC-led effort to cut global supplies. US West Texas Intermediate crude for April delivery was up 4 cents at $63.59 a barrel by 0804 GMT after rising 3 percent last week. London Brent crude slipped 3 cents to $67.

28 a barrel, after climbing almost 4 percent last week. Both benchmarks earlier hit their highest since Feb. 7. "The.

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