Oil steady on U.S. data, doubts over output cuts

By Christopher Johnson LONDON (Reuters) - Oil prices steadied on Thursday as a fall in U.S. crude inventories balanced doubts that producers would cut output as promised to reduce global oversupply. Benchmark Brent crude oil was down 15 cents a barrel at $56.31 by 0900 GMT. U.S. light crude oil was down 10 cents a barrel at $53.16.