Oil falls at the settlement and keep an eye out for U.S. data

Oil falls at the settlement and keep an eye out for U.S. data

Oil fell today, Tuesday, and widened the margin between the price of U.S. crude and Brent, after traders bet that U.S. crude rose more than necessary while awaiting another meeting of the Federal Reserve (Fed).

And lost futures for Brent 54 cents to $ 106.91 a barrel at the settlement, but it is still on its way to achieve a monthly gain of about five percent.

U.S. crude fell $ 1.47 to $ 103.08 a barrel at the settlement.