NEW YORK (Reuters) - Oil prices closed little changed on Tuesday after giving up nearly 1 percent of gains after a speech by US President Donald Trump that offered few new details on US-China trade talks.
Brent crude futures ended the session down 12 cents at $ 62.06 a barrel, after hovering between $ 61.82 and $ 62.85.
US West Texas Intermediate (WTI) crude futures fell 6 cents to settle at $ 56.80 a barrel.
Prices gave up their gains after Trump's speech at the New York Economic Club, which contained mixed messages on trade between the world's two largest economies and devoid of any signs of progress in the negotiations.
Earlier in the session, oil prices were supported by data showing that oil inventories at the US crude delivery point in Cushing fell about 1.2 million barrels in the week ending November 8, after five consecutive weeks of increases until November 1, according to data. Government.
Source Sky News