Oil prices were steady on Tuesday as hopes for additional U.S. measures to stimulate the economy countered a demand outlook dampened by rising of coronavirus cases across the globe. Brent crude was up 7 cents, or 0.2%, at $43.48 a barrel at 0811 GMT, while West Texas Intermediate (WTI) U.S. crude fell 11 cents, or 0.3%, to $41.49 a barrel. “Oil continues to trade in a range with its supply fundamentals helping to set a floor while the economic and demand outlook is providing the cap,” said Harry Tchilinguirian, head of commodity research at BNP Paribas. A big U.S. fiscal package could boost oil prices but is currently deadlocked in negotiations between Democrats who have made a $3 trillion proposal and Republicans who have tabled a $1 trillion plan. Traders are also watching out as the U.S. Federal Reserve’s policy-setting panel meets on Tuesday and Wednesday, […]