Oil settles down on US fuel inventory build

Brent crude futures settled 19 cents, or 0.3% lower, at US$68.52 a barrel. US West Texas Intermediate crude futures were down 14 cents, or 0.2%, at US$66.38.

HOUSTON: Oil prices settled marginally lower on Wednesday as US fuel inventory builds and concerns about wider economic impact from US tariffs outweighed some signs of increasing demand.

Brent crude futures settled 19 cents, or 0.3% lower, at US$68.52 a barrel. US West Texas Intermediate crude futures were down 14 cents, or 0.2%, at US$66.38.