Oil prices steady as markets weigh supply tensions, China economic recovery

(Reuters) - Oil prices were little changed on Tuesday as worries about China's economic recovery prospects offset supply concerns stemming from tensions in the Middle East and Ukrainian attacks on Russian refineries.

Brent futures for August delivery rose 7 cents, or 0.08%, to $86.06 a barrel at 0015 GMT, ahead of the contract's expiry later this week. The more actively traded September contract, rose 8 cents, or 0.09% to $85.23.

U.S. crude futures climbed 11 cents, or 0.13%, to $81.74 a barrel.

Both benchmarks rose about 3% last week, marking two straight weeks of gains.

But there have since been growing concerns about the recovery prospects in the world's second-largest economy.