Oil price settles unchanged as latest storm spares US energy sector


Brent crude settled up 9 cents to US$73.60 a barrel after hitting a session high of $74.28. U.S. West Texas Intermediate (WTI) crude settled up 1 cent, at $70.46, after touching a high of $71.22.

Oil prices ended largely unchanged on Tuesday as tropical storm Nicholas brought heavy rain and power outages in Texas but caused less damage to U.S. energy infrastructure than Hurricane Ida caused earlier this month.

Brent crude settled up 9 cents to US$73.60 a barrel after hitting a session high of $74.28. U.S. West Texas Intermediate (WTI) crude settled up 1 cent, at $70.46, after touching a high of $71.22.

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Oil price , Brent , oil , West Texas Intermediate , WTI , Opec+ , demand , pandemic , storm ,

   

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