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Oil mixed as investors await inventory data

April 16, 2019


Oil futures put in a mixed performance Tuesday as investors looked ahead to data on U.S. crude inventories and kept an ear out for any hints from OPEC and its allies on the fate of production cuts.

The U.S. benchmark, West Texas Intermediate crude for May delivery CLK9, -0.14% rose 12 cents, or 0.2%, to $63.52 a barrel on the New York Mercantile Exchange. June Brent crude LCOM9, +0.21% the global benhcmark, was flat at $71.18 a barrel.

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