Oil futures steady near $42 following volatile week

Crude-oil futures were little changed in early Asia trading Monday, pausing after a volatile week that tipped prices into bear-market territory.

Light, sweet crude for September delivery rose nine cents CLU6, +0.31%  , or 0.4%, or 18 cents, to $41.89 a barrel in the Globex electronic session on the New York Mercantile Exchange. October Brent LCOV6, +0.29%  on London’s ICE Futures exchange gained 19 cents, or 0.4%, to $44.46 a barrel.

Futures have wavered for the last several sessions around the low $40-a-barrel-mark after last week’s rebound from bear-market lows.

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