CRUDE OIL UPDATES
SINGAPORE, June 1 (Reuters) – U.S. crude oil steadied on Friday after deep losses in the previous session on pressure from all-time high U.S. production and expectations of higher OPEC output.
U.S. West Texas Intermediate crude CLc1 rose 2 cents to $67.06 a barrel by 0805 GMT after dropping almost 2 percent on Thursday. Brent crude LCOc1 , which was little changed in the previous session, added 17 cents, or 0.2 percent, to $77.73 per barrel.