OIL Oil steady near $70 on hopes of recovering demandShadia Nasralla, Reuters, March 11, 2021 Oil hovered near $70 a barrel on Friday, supported by production cuts by major oil producers and optimism about a demand recovery in the second half of the year. Benchmark Brent fell 22 cents, or 0.3%, to $69.41 a barrel by 1444 GMT while U.S. … read more