Wednesday, 30 January 2019

Oil Stable As Economic Outlook Weighs

Oil prices were stable on Tuesday, pressured by a cloudy outlook for the global economy but supported by worries over disruptions to supply from US sanctions on Venezuelan exports.

US West Texas Intermediate (WTI) crude futures were at $53.28 per barrel at 0111 GMT, 3 cents below their last settlement.

International Brent crude oil futures were 1 cent above their last close, at $61.33 per barrel.

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