Oil steadied as traders counted down to a summit between US President Donald Trump and Chinese counterpart Xi Jinping and, beyond that, an OPEC+ meeting on supply.

Brent was little changed below $65 a barrel after a modest gain on Wednesday, while West Texas Intermediate was near $60. The leaders of the two largest economies are expected to finalize a trade deal at their meeting in South Korea, while Trump may also use the exchange to lean on Beijing to curb purchases of Moscow’s oil after imposing sanctions on two Russian producers.

OPEC+, meanwhile, has a meeting on supply on Nov. 2. The alliance is expected to focus on reviving another sliver of production in December in a move that may amplify traders’ concerns about a global glut.

Crude remains on track for a third monthly decline,

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