Oil prices down a third day as Mideast calm prevails
Friday, 10 January 2020 03:22 WIB | ENERGY |Minyak WTI

Oil futures end lower for a third session on Thursday, as traders digested data that revealed a big jump in crude stockpiles in the U.S., and as Mideast tensions saw some apparent easing.

West Texas Intermediate crude for February delivery on the New York Mercantile Exchange fell by a nickel, or less than 0.1%, to settle at $59.56 a barrel, after sinking 4.9% on Wednesday. Prices marked another most-active contract settlement at the lowest since Dec. 12, according to Dow Jones Market Data.

March Brent crude edged down by 7 cents, or 0.1%, to settle at $65.37 a barrel on ICE Futures Europe, holding at its lowest finish since Dec. 16.

Source: Marketwatch

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