NEW YORK: Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed Opec's latest downward revision for demand growth, a stronger US dollar and disappointment over China's latest stimulus plan.
Brent futures were up 6 cents, or 0.1%, to settle at US$71.89 a barrel, while US West Texas Intermediate (WTI) crude rose 8 cents, or 0.1%, to settle at US$68.12.
