Brent futures fell 7 cents, or 0.2%, to settle at US$43.75 a barrel. U.S. crude gained 9 cents, or 0.2%, to settle at $41.43.(File pic shows oil storage at Cushing, Oklahoma. - Reuters)
NEW YORK: Oil prices edged lower in post-settlement trade on Tuesday after an industry group reported a bigger build than expected in U.S. crude stockpiles, adding to worries that new coronavirus lockdowns could hit demand.
During the session, prices were narrowly mixed as the demand fears offset hopes for a vaccine and talk of tighter OPEC+ supply policies.
Brent futures fell 7 cents, or 0.2%, to settle at US$43.75 a barrel. U.S. crude gained 9 cents, or 0.2%, to settle at $41.43.
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