Brent holds steady near $91
Brent crude held steady near $91 per barrel on Tuesday as short-covering and forecasts of a drop in US crude inventories offset worries that a European summit would be unable to produce a concrete solution to the region's debt crisis.
Brent futures slipped further below $111 on Monday as the latest data from China pointed to an uneven economic recovery in the world's second-biggest oil consumer and raised demand growth concerns, while a stronger dollar put more pressure on prices.