NEW YORK  – Oil  prices  settled  nearly  flat  in choppy trade on Monday as  Russia  relaxed its  fuel  ban  and investors eyed elevated interest rates that could curb demand. Brent crude futures settled 2 cents higher at $93.29 a barrel. U.S. West Texas Intermediate crude settled 35 cents lower at $89.68. Crude  prices  fell last week after a hawkish Federal Reserve rattled global financial markets and raised concerns that interest rates could stay higher for longer, crimping  oil  demand.

https://business.inquirer.net/423016/oil-prices-settle-nearly-flat-as-russia-eases-fuel-export-ban

#inquirer