Oil prices settle mixed as demand concerns persist


  • World
  • Tuesday, 12 Jan 2021

NEW YORK, Jan. 11 (Xinhua) -- Oil prices settled mixed on Monday, as renewed concerns over the prospects of fuel demand weighed on the market.

The West Texas Intermediate (WTI) for February delivery added 1 cent to settle at 52.25 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery decreased 33 cents to close at 55.66 dollars a barrel on the London ICE Futures Exchange.

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