Jan 18, 2025 3:31 a.m.

WTI slipped on reduced demand from US refinery, Brent tracked the firmer trend

WTI slipped on reduced demand from US refinery, Brent tracked the firmer trend

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International benchmarks for crude oil traded mixed on Tuesday, 23 February 2021 as crude stockpile in the US rose 1 million barrels according to American Petroleum Institute (API), on reduced demand from refineries in the country following the winter storm. 

Investors are waiting for official data from the U.S. Energy Information Administration later on Wednesday.

Brent closed at $65.37/barrel, increased by $0.13 or 0.20%. 

WTI closed at $61.67/barrel, reduced by $0.03 or 0.05%.