Oil prices are broadly flat, with Brent crude at $70.99 a barrel and WTI at $67.69 a barrel. Brent gained in Wednesday’s session before paring some gains, as traders weighed near-term demand strength against broader economic uncertainties,

Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline demand and a nearly 6-million-barrel drop in supplies of the motor fuel.