Brent crude futures settled at US$45.37 a barrel, down 9 cents. U.S. West Texas Intermediate (WTI) crude ended 4 cents higher at $42.93 a barrel, getting a late boost after Federal Reserve board minutes were released. 9File pic - Oil storage at Cushing, Oklahoma.)
NEW YORK: Oil prices steady on Wednesday as concerns lingered over soft U.S. fuel demand while global producers feared a second prolonged wave of the coronavirus pandemic was a major risk for the market recovery.
U.S. crude oil stockpiles fell 1.6 million barrels last week, while fuel demand was down 14% from the year-ago period over the last four weeks, Energy Information Administration data showed.
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