London — Oil prices steadied on Tuesday, hanging on to gains from the previous session thanks to high compliance with production cuts from members of the Opec+ producer group.

Brent crude was virtually flat at $45.39 a barrel at 9.05am GMT, having gained 1.3% on Monday. US crude edged down 5c, or 0.1%, at $42.84 after a rise of 2.1% in the previous session...

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