US West Texas Intermediate and international benchmark Brent crude futures fell in lackluster trade on Monday as subpar liquidity due to the Lunar New Year holiday in East Asia kept many of the major players on the sidelines.
At 06:35 GMT, March WTI Crude Oil traded at $81.54, down $0.10 or -0.12% and March Brent Crude Oil stands at $85.52, down $0.11 or -0.13%. On Friday, the United States Oil Fund ETF (USO) was trading at $71.55, up $0.96 or +1.36%.
Both markets are…
