News Oil Updates – trades little changed as markets weigh Russian supply cuts against weaker dollar

SINGAPORE: Oil was little changed on Tuesday, after rising in the previous session, as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks, though a slightly weaker US dollar offered some support, according to Reuters.

Brent crude futures for May climbed by 7 cents to $86.82 a barrel, while US West Texas Intermediate crude futures rose 6 cents to $82.01 a barrel at 8:41 a.m. Saudi time.

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