Oil steadies as investors take stock of banking crisis

Oil prices were little changed on Friday after a meeting between Saudi Arabia and Russia calmed markets, but crude benchmarks were still headed for a second weekly fall after a banking crisis sparked a sell-off in global financial markets this week. The collapse of Silicon Valley Bank (SVB) and Signature Bank sent the U.S. and Swiss governments scrambling to shore up liquidity at banks, and this has caused investors to flee assets such as commodities. This has kept oil prices from recovering, and they are still