Oil steadies as Cushing drawdown faces trade worries
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NEW YORK (Reuters) - Oil prices steadied on Monday after industry data showed a drop in stocks at the Cushing, Oklahoma, but trade concerns weighed after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs on China.Brent crude futures rose 14 cents to $62.65 a barrel, erasing earlier losses. U.S. West Texas Intermediate (WTI) crude futures was down 1 cent at $57.23 a barrel.Prices found some support after data showed that crude inventories at Cushing, the..