Oil prices were lower today in a choppy session. Prices were initially higher after Germany said the EU could agree on an embargo \u201cwithin days\u201d. Later in the session, the Energy Sec hinted that an export ban in the US was possible, which could lower domestic prices in the short term. “Initially the assumption is that is going to reduce the prices for products in the United States,” said Phil Flynn, an analyst at Price Futures Group. WTI traded down $0.52 or -0.47% to close at $109.77. Brent traded up $0.14 or 0.12% to close at $113.56<\/p>\n\n\n\n
Oil prices were lower today in a choppy session. Prices were initially higher after Germany said the EU could agree on an embargo \u201cwithin days\u201d.<\/p>\n","protected":false},"author":2,"featured_media":6111,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-6433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-petroleum-daily"],"yoast_head":"\n