CommoPlast

Oil settled mixed as traders weigh the supply-demand outlook

Oil settled mixed as traders weigh the supply-demand outlook



International benchmarks for crude oil concluded the session on Wednesday, 20 April 2022 mixed as traders take a step back to assess the latest IMF forecast on the global economic growth while supply remains tight. 

Brent fell 45 cents to settle at $106.80/barrel. 

WTI rose 19 cents to close at $102.75/barrel.