Oil steady as economy concerns offset support from Venezuela turmoil
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LONDON (Reuters) - Oil prices were steady on Thursday as renewed concerns about the global economic outlook offset support from a U.S. threat of sanctions on OPEC member Venezuela.Brent crude was down 10 cents or 0.2 percent at $61.04 a barrel by 1435 GMT, while U.S. crude rose 15 cents or 0.3 percent to $52.77.Concerns about an unexpected rise in U.S. crude inventories reported on Wednesday countered gains driven by the possibility of U.S. sanctions on Venezuela's oil industry.Investors..