Oil slips as Russia lifts supplies, jet fuel demand stirs caution By Reuters

From Investing.com:

Oil prices fell on Tuesday due to the expectation of increased supply from Russia, weaker downstream demand like jet fuel, and caution ahead of the Fed’s decision on U.S. interest rates. Prices for May delivery fell to $86.74 a barrel for Brent crude and $82.03 for U.S. WTI. Both reached four-month highs previously due to lower exports from Saudi Arabia, Iraq, and stronger demand in China and the U.S. Russia is set to boost oil exports in March by nearly 200,000 barrels per day. Analysts are bullish on oil prices but cautious about jet fuel demand in the upcoming summer travel season.



Read more at Investing.com: Oil slips as Russia lifts supplies, jet fuel demand stirs caution By Reuters