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- Oil was little changed
Oil was little changed
West Texas
Intermediate oil was little changed following a 1.5 percent tumble on Feb. 15,
the biggest drop in two weeks.
Crude for
March delivery traded in a range of $95,45
–
Brent oil
for April settlement on the ICE Futures Europe exchange was down 6 cents at
$117.60 a barrel, with trading volume 65 percent below the 100-day average. The
European benchmark crude was at a premium of $21.38 to WTI, versus $21.25 on Feb.
15. The gap had expanded to $23.18 on Feb. 8, the widest since Nov. 26.
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