New york: Oil prices held steady in early trade on Tuesday after rising in the previous session, as market participants contemplated potential supply disruption from Russia. Brent crude futures edged up 4 cents to $67.48 a barrel, while US West Texas Intermediate crude was at $63.32, up 2 cents.
According to Qatar News Agency, on Monday, Brent settled up 45 cents at $67.44 while WTI settled 61 cents higher at $63.30. The market remains attentive to geopolitical tensions that could potentially impact supply chains, particularly involving Russia. The recent price movements reflect traders' cautious approach amid these uncertainties.