News Oil Updates – trades little changed as markets weigh Russian supply cuts against weaker dollar

by

SINGAPORE: Oil was little changed on Tuesday, after rising in the previous session, as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks, though a slightly weaker US dollar offered some support, according to Reuters.

Brent crude futures for May climbed by 7 cents to $86.82 a barrel, while US West Texas Intermediate crude futures rose 6 cents to $82.01 a barrel at 8:41 a.m. Saudi time.

Leave a Comment

url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url