Oil flat as weak demand, oil glut weigh on market
Oil prices were largely flat early on Thursday, after settling at two-week lows in the previous session as pressure from weaker demand and a global oil glut continued to weigh on the market. Brent crude futures were up 2 cents, or 0.03%, to $63.54 a barrel at 0127 GMT, while US West Texas Intermediate futures were flat at $59.60.