Oil Updates — crude little changed as investors eye Middle East tensions, US rate cut 

Oil Updates — crude little changed as investors eye Middle East tensions, US rate cut 

SINGAPORE: Oil prices were little changed on Tuesday as investors focused on geopolitical tensions in the Middle East and optimism the US Federal Reserve would soon start cutting interest rates, lifting global economic growth and fuel demand. 

Brent crude futures fell 26 cents, or 0.3 percent, to $79.13 a barrel by 04:15 a.m. Saudi time while US West Texas Intermediate crude was at $73.59 a barrel, up 3 cents. 

Trade is thin as some markets are still closed for the Boxing Day public holiday.  Oil Updates — crude little changed as investors eye Middle East tensions, US rate cut