Crude oil market holds firm, but upside capped by China’s decision

International benchmarks hold steady on Tuesday, 14 September 2021 as the tropical storm caused less damage to the US energy sector than the previous hurricane. Reuters reported about 39% of the US Gulf production remains shut this week. In other news, China plans to auction 7.38 million barrels of crude from its strategic reserves on 24 September, which pressure the market. 

Brent gained 9 cents to settled at $73.60/barrel. 

WTI inch 1 cent higher to close at $70.46/barrel.