SINGAPORE: Brent crude was steady on Friday, while U.S. futures edged down as investors worried the Federal Reserve chief may not offer measures strong enough to help the U.S. economy, the world's top oil consumer.
Sentiment was, however, supported by worries about Hurricane Irene's impact on U.S. East Coast supplies at a time of ongoing, although somewhat easing, conflict in OPEC member Libya and sanctions against Syria.
Hurricane Irene, a major Category 3 storm, was forecast hitting the U.S. eastern seaboard by the weekend. Train services were cancelled and workers scrambled to protect power lines in Washington on Thursday as the storm threatened the U.S. capital.
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