Oil steady on strong gasoline demand, Red Sea attacks


Brent crude futures settled up 4 cents, or 0.06%, to US$70.19 a barrel. US West Texas Intermediate crude settled up 5 cents, or 0.07%, to US$68.38 a barrel.

HOUSTON: Oil prices were steady on Wednesday as investors weighed strong US gasoline demand data and attacks on shipping in the Red Sea, while US copper tariffs loomed.

Brent crude futures settled up 4 cents, or 0.06%, to US$70.19 a barrel. US West Texas Intermediate crude settled up 5 cents, or 0.07%, to US$68.38 a barrel.

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