Oil steadies as Russia-Ukraine tensions cool
SINGAPORE: Oil pared some losses in early Asian trading on Wednesday after an over 3% fall the previous day, as investors weighed an easing Russia-Ukraine tension against overall tight global supplies.
U.S. West Texas Intermediate (WTI) crude rose 44 cents at 0017GMT at $92.51 a barrel, after the contract ended Tuesday’s trading down 3.6%.
