Oil prices settle mixed ahead of Fed decision, U.S. inventory data


  • World
  • Wednesday, 01 Feb 2023

NEW YORK, Jan. 31 (Xinhua) -- Oil prices ended mixed on Tuesday as traders awaited a key policy decision from the Federal Reserve and the latest data on U.S. fuel stockpiles.

The West Texas Intermediate (WTI) for March delivery rose 97 cents, or 1.25 percent, to settle at 78.87 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery lost 41 cents, or 0.48 percent, to close at 84.49 dollars a barrel on the London ICE Futures Exchange.

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