Oil prices steady, awaiting confirmation of surprise U.S. inventory build
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LONDON (Reuters) - Oil futures steadied on Thursday as the market awaited confirmation of industry data that showed a surprise increase in U.S. crude stocks, which offset hopes for a demand recovery as coronavirus lockdowns ease. After tumbling on Wednesday, Brent crude futures were down 0.06%, or 2 cents, at $34.72 a barrel at 1311 GMT after dropping by more than $1 to $33.62 in early trade. U.S. West Texas Intermediate (WTI) crude futures were down 0.3%, or 10 cents, at $32.71. U.S. futures..