Oil steadies as tighter supply balances growth concerns
Oil steadied on Monday, after rising for three straight weeks, as looming supply cuts from Saudi Arabia and other OPEC+ producers balanced concern about weakening global growth that may dampen fuel demand.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Oil steadies as tighter supply balances growth concerns

### Response: Oil steadied on Monday, after rising for three straight weeks, as looming supply cuts from Saudi Arabia and other OPEC+ producers balanced concern about weakening global growth that may dampen fuel demand.