Oil prices little changed; supply concerns, banking crisis in focus


Source: ca.finance.yahoo.com ca.finance.yahoo.com

Key Topics in this News Article:

News Snapshot:

Oil tankers sail along Nakhodka Bay near the port city of Nakhodka By Laura Sanicola Crude prices moved in a narrow range in early Asian trade on Tuesday after rallying in the previous session, with oil markets focused on developments in the banking crisis as well as on supply concerns and indications of strengthening demand. Brent crude futures fell 2 cents to $78.10 a barrel at 0018 GMT. West Texas Intermediate U.S. crude gained 8 cents, or 0.1%, to $72.89. Prices rose in the previous session after Turkey stopped pumping crude from Kurdistan via a pipeline following an arbitration decision...