Brent crude held steady at $120/B on Thursday as supply disruption worries eased with Iran saying it would present new proposals in the upcoming talks with world powers, reversing some of the previous session’s gains, reports Reuters. Prices were also under pressure following comments by top US Fed officials that the Fed is still waiting to see if more monetary stimulus is needed, and on resurfacing worries about Spain’s fiscal woes. These factors overshadowed an unexpected drop in US oil product stocks. Brent crude fell 1 cent to $120.17/B, after touching a low of $119.93/B earlier in the session. US oil fell 11 cents to $102.59, after gaining $1.68/B in the previous session.