Oil prices were steady on Monday, holding on to last week's gains on speculation that OPEC might agree to cut production to reduce a supply glut that has pushed prices to the lowest in over a decade. Brent crude futures LCOc1, the global benchmark, were unchanged at $33.36 a barrel at 1718 GMT. U.S. futures CLc1 traded at $29.67 a barrel, up 23 cents on Friday's close. Trade was thin due to the U.S. Presidents Day holiday. "Some traders still think about the chances of an OPEC plus Russia (production) cut and close their short positions," said Frank Klumpp, oil analyst at Stuttgart-based Landesbank ... (full story)