Oil holds near 3-week low as US sanctions interrupt easing tensions


Brent futures fell 18 cents, or 0.2%, to settle at US$87.11 a barrel, while US West Texas Intermediate (WTI) crude rose 4 cents, or 0.1%, to settle at US$82.73.

NEW YORK: Oil prices held near a three-week low on Thursday as investors weighed mixed US economic data, US sanctions on Venezuela and Iran and easing tensions in the Middle East.

Brent futures fell 18 cents, or 0.2%, to settle at US$87.11 a barrel, while US West Texas Intermediate (WTI) crude rose 4 cents, or 0.1%, to settle at US$82.73.

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oilprice , brentcrude , wti , mixeddata , fed , interestrates , china , iran , venezuela , opec

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