Brent crude was steady around $110 a barrel on Wednesday, nursing losses from the previous two sessions, as investors fretted over prospects for the US fiscal crisis to hurt oil demand, despite supply fears fanned by Middle East tension. More from Reuters Egypt has slid in a global league table of perceived official corruption in the past year, and the "Arab Spring" revolutions have yet to produce serious anti-graft action across the region, Transparency International said on Wednesday. More from Arabian Business OPEC will probably keep its output quota unchanged for a second successive meeting next week as members judge prices high enough to cover their spending needs, according to a Bloomberg survey. More from Bloomberg Lebanon needs to proceed with plans for liquefied natural gas import terminals despite high offshore natural gas prospects, said experts at the conclusion of the Lebanon International Oil and Gas Summit
