Crude Oil Yields Flat Finish on Tuesday

Crude oil futures settled flat on Tuesday with very little change as traders awaited weekly supply data, according to Bloomberg MarketWatch.

November West Texas Intermediate crude tacked on a penny to settle at $51.88 a barrel on the New York Mercantile Exchange.

December Brent crude, the global benchmark, rose 6 cents, or 0.1%, to end trading at $57.88 a barrel.

Traders are awaiting weekly data on domestic petroleum supplies from the American Petroleum Institute late Tuesday and the Energy Information Administration on Wednesday morning. Analysts polled by S&P Global Platts expect the EIA to report a weekly drop of 3.9 million barrels for crude supplies.

Meanwhile, November natural gas rose 0.5% to settle at $2.962 per million British thermal units on the New York Mercantile Exchange.


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