Oil prices steady after big drop on recession concerns, inventory rise
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TOKYO (Reuters) - Oil prices steadied on Thursday, following sharp overnight losses as U.S. crude inventories unexpectedly rose, fears of recession mounted and economic data out of China and Europe disappointed.Brent crude was down 13 cents, or 0.2%, at $59.35 a barrel by 0643 GMT, after falling 3% in the last session.U.S. crude was up 5 cents, or 0.1%, at $55.28 a barrel, having dropped 3.3% in the previous session. The combination of a slew of data suggesting a slowdown in global growth amid..