Oil prices stable as demand uncertainty persists

London, June 18 (BNA): Oil prices were stable on Tuesday, as traders awaited signs of a hoped-for summer demand boost to prop up prices even as strong supply threatens to blunt gains.


Benchmark Brent crude futures were down 2 cents to $84.23 per barrel at 1231 GMT after climbing in the previous session. U.S. West Texas Intermediate crude futures , which also rose on Monday, were up 3 cents to $80.36 a barrel, Reuters reported.


Both benchmarks gained around 2% on Monday, closing at their highest levels since April. Brent has clambered back from an early-June close of $77.52, though remains off its $90 peaks in mid-April.


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