Oil prices steadied on Friday after traders sentiment shifted towards lower impact from coordinated reserve release by major countries.
West Texas Crude oil (WTI) inched by 0.49 cent to $79.50 while Brent inched up by 0.63 cents to $81.87 as of Thailand time 12:52 hours.
WTI December contract expires on Friday and trading activity has shifted to the January contract.
Earlier U.S. requested a coordinated reserve release to China, Japan and other big buyers who are reportedly making a judgment on the call.
