Brent crude oil prices steadies as demand hopes and supply curbs support

Brent crude oil prices on Tuesday steadied after early declines supported by better than expected business activity data as well as supply curbs and hopes for a Chinese demand recovery.

In intra-day trade, Brent crude was trading at 83 dollars and 90 cents per barrel while WTI crude price was at 77 dollars and 10 cents per barrel.