Market News
Oil stable as investors balance oversupply worries with sanctions risks - REUTERS
LONDON, Nov 11 (Reuters) - Oil prices were stable on Tuesday, as oversupply concerns balanced uncertainty over the impact of the latest U.S. sanctions on Russian oil.
Brent crude futures rose 27 cents, or 0.42%, to $64.33 a barrel by 0922 GMT. U.S. West Texas Intermediate crude was at $60.39 a barrel, up 26 cents, or 0.43%.
Investors continue to assess the fallout of the U.S. sanctions on Russia, and their impact on both crude oil and refined fuel markets.
