Oil ends on mixed note but remains buoyed by optimism over Chinese demand

Oil futures ended Monday on a mixed note, with US prices little changed and global benchmark crude set higher on continued optimism about energy demand from China.

price action

• West Texas Intermediate crude for March delivery
  CL00,
  -1.67%

  CL.1,
  -1.67%

  CLH23,
  -1.67%

  fell 2 cents to $81.62 a barrel on the New York Mercantile Exchange in the contract’s first full session as…