Oil little changed as markets weigh Russian supply woes
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 while a slightly weaker U.S. dollar offered some support. Brent crude futures for May slipped 12 cents to $86.63 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell 8 cents to $81.87 a barrel at 1005 GMT. Brent rose 1.5% in Monday’s session while WTI gained 1.6% higher after Russia’s government ordered companies to cut output in the ...
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