Singapore — Oil prices were steady on Wednesday, after falling the past two days, as a surge in US stockpiles reinforced concerns about lacklustre global economic growth amid the trade war between the US and China, the world’s two biggest oil consumers.

West Texas Intermediate (WTI) crude futures rose 11c, or 0.2%, to $55.32 a barrel by 2.52am GMT, after falling 4.3% during the previous two sessions...

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