(Bloomberg) -- Oil headed for a modest weekly decline as fresh optimism that a U.S. stimulus deal is imminent was overshadowed by the threat a resurgent coronavirus poses to energy demand in Europe and the U.S.Futures in New York were steady near $41 a barrel after gaining 1.5% on Thursday. House Speaker Nancy Pelosi said she and Treasury Secretary Steven Mnuchin are “just about there” on a deal for a coronavirus relief package, even though Republican opposition in the Senate still poses a hurdle.Prices were also buoyed after President Vladimir Putin said that Russia is ready to extend output curbs if needed. The comments are the latest sign the OPEC+ alliance may delay January’s planned taper of production cuts.There are growing indications a second wave of the virus may throw the energy demand recovery in Europe and the U.S. into reverse. Cases jumped by a record in France on Thursday and toll road use in the nation posted the biggest year-on-year drop last week since July. Gasoline stockpiles in the U.S., where infections are spiking in some states, rose by the most since May.In another troubling sign for consumption, Peter Vanacker, the chief executive officer of Finnish refiner Neste Oyj, said that oil processors need to cut more capacity, especially in Europe, as demand drops. Australia & New Zealand Banking Group Ltd. cut its forecast for oil consumption this quarter, citing the resurgent outbreak in Europe and North America.While Putin didn’t rule out a change, he said his preference was to stick to OPEC+’s current plan to lift crude output by nearly 2 million barrels a day in January. The group is set to make a decision at a meeting on Nov. 30-Dec. 1.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.