Oil steadies as Saudi pushes for further supply cuts

LONDON (Reuters) - Oil prices steadied around $61 a barrel on Tuesday as rising expectations of deeper output cuts from OPEC and its allies were countered by a potential delay to a U.S.-China trade agreement until after the next U.S. presidential election.Brent futures rose 4 cents to $60.96 a barrel by 1116 GMT while U.S. West Texas Intermediate crude was up 8 cents at $56.04. The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, are discussing a plan..