Oil prices steadied just below two-year highs on Thursday, supported by supply cuts by OPEC and other major exporters including Russia. Benchmark Brent crude oil LCOc1 was unchanged at $63.49 a barrel by 0840 GMT. On Tuesday, Brent reached an intra-day high of $64.65, its highest since June 2015. U.S. light crude CLc1 was steady at $56.81, not too far off this week’s more than two-year high of $57.69 a barrel. Sponsored Traders said a rally that has pushed up Brent by more than 40 percent since July may have run its course due to increases in U.S. supplies and some indicators of a demand slowdown. “Prices may have reached a short-term peak,” said Fawad Razaqzada, analyst […]