Brent futures for March delivery rose 6c to $82.16 a barrel in early trade, while US crude fell 2c to $76.91 a barrel
Oil prices held their ground on Wednesday after tumbling in the previous session as markets braced for minutes from the US Federal Reserve’s December policy meeting.
Brent futures for March delivery rose 6c to $82.16 a barrel, a 0.1% gain, by 1.23am GMT. US crude fell 2c, or 0.03%, to $76.91 a barrel. The dollar weakened after posting big gains in the previous session. A weaker dollar typically boosts demand for oil as dollar-denominated commodities become cheaper for holders of other currencies.
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