
Oil prices held steady on Monday as Middle East risks eased while a possible OPEC+ output increase in August and uncertainty over the global demand outlook weighed on the market.
Brent crude futures were flat at $67.76 a barrel at 0918 GMT, ahead of the August contract’s expiry later on Monday. The more active September contract was up 17 cents at $66.97.
US West Texas Intermediate crude edged up by