Oil steadied after the US and Iran agreed to more nuclear talks next week following a round of discussions on Thursday, as a huge deployment of American forces in the Middle East kept the market on edge.
West Texas Intermediate traded near $65 a barrel after closing little changed on Thursday. Brent settled below $71. Iran said recent talks in Geneva showed good progress, but a person familiar with the US position said the Americans left disappointed. The two sides agreed to meet again in Vienna.