Oil Prices Steady Amid Sanctions Discussions and Supply Glut

Oil prices are staying steady.

This is because people are worried that countries might put sanctions on oil from Russia, which could make prices go up.

But, there is also a chance that there will be too much oil available, which could make prices go down.

The US is waiting to see what Europe will do before deciding on sanctions.

Also, lower interest rates from the US may help the economy, boosting the demand for oil.