Oil Updates — Crude steady; Oil spill hits environmentally sensitive area in Venezuela; Exxon makes two new discoveries in Guyana

RIYADH: Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles.

Brent crude futures were at $104.35 a barrel at 0250 GMT, down 5 cents, or 0.05 percent. US West Texas Intermediate crude rose 9 cents, or 0.1 percent, to $95.07 a barrel. WTI had climbed nearly $1 earlier in the session.

Crude spill hits environmentally-sensitive area in Venezuela