Oil prices held steady on Thursday following solid gains the previous day when falling U.S. fuel inventories lifted the market. However, Brent crude oil prices remain below the key $50 per barrel mark on concerns about high supplies from producer club OPEC despite a pledge to cut output in a bid to tighten the market. Brent crude futures, the international benchmark for oil prices, were at $49.67 per barrel at 0132 GMT, just 3 cents below their last settlement. U.S. West Texas Intermediate (WTI) crude futures were at $47.08 per barrel, 4 cents below their last close. Prices jumped nearly 2 percent in the previous session on news of falling fuel stocks in the United States. U.S. crude inventories fell by 4.7 million barrels in the week to […]