Brent crude futures for February ended the session US32 cents, or 0.6%, higher at $50.29 a barrel, while U.S. West Texas Intermediate crude futures for January settled up 42 cents, or 0.9%, at $46.99 a barrel.
NEW YORK: Oil prices were little changed in choppy trade on Monday as persistent oversupply in the market largely offset hopes that a rollout of coronavirus vaccines will lift global fuel demand.
Brent crude futures for February ended the session US32 cents, or 0.6%, higher at $50.29 a barrel, while U.S. West Texas Intermediate crude futures for January settled up 42 cents, or 0.9%, at $46.99 a barrel.
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