Oil prices settle mixed as traders assess demand-supply risks


  • World
  • Saturday, 30 Jan 2021

NEW YORK, Jan. 29 (Xinhua) -- Oil prices settled mixed on Friday as market participants assessed risks from both the demand and supply sides.

The West Texas Intermediate (WTI) for March delivery lost 14 cents to settle at 52.20 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery rose 35 cents to close at 55.88 dollars a barrel on the London ICE Futures Exchange.

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