Tuesday, 02 January 2024 12:17 GMT

Oil Prices Steady At Settlement


(MENAFN- The Peninsula) QNA

New York: Oil prices held steady at settlement on Tuesday as investors assessed a smaller-than-expected increase in OPEC+ production for November, amid concerns of a potential supply glut.

Brent crude futures edged down 2 cents, or 0.03 percent, to settle at $65.45 a barrel.

US West Texas Intermediate crude slipped 4 cents, or 0.06 percent, to $61.73 a barrel.

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