Oil steady in early trade

Rise in China's oil import provides support but prices move little as oversupply worries remain

Little movement: oil prices held steady after Wednesday's losses as a rise in Chinese oil imports was not enough to offset concerns of a supply glut
Little movement: oil prices held steady after Wednesday's losses as a rise in Chinese oil imports was not enough to offset concerns of a supply glutPhoto: AP/SCANPIX
Published 7 May 2020, 05:41Updated 7 May 2020, 05:41