price movements
By 0500 GMT, crude futures were down Brent March delivery 49 cents, or 0.6 percent, to $79.16 a barrel, and West Texas Intermediate crude futures fell 39 cents, or 0.5 percent, to $74.24 a barrel, according to data. "Archyde.com".
Both benchmarks jumped 1% on Monday after China opened its borders over the weekend for the first time in three years.
A preliminary poll conducted by Archyde.com on Monday revealed that a decline is likely US crude stocks 2.4 million barrels, while distillate stocks will decrease slightly.
And declare American Petroleum Institute US crude inventories data at 4.30 local time (2030 GMT) Tuesday.
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Monetary policy makers say American Central The data inflation The new ones, released later this week, will help them decide whether they can slow the pace of rate hikes at their next meeting to a quarter of a percentage point instead of raising them more aggressively, as they did for most of last year.
price movements
By 0500 GMT, crude futures were down Brent March delivery was 49 cents, or 0.6 percent, to $79.16 a barrel, and West Texas Intermediate crude futures fell 39 cents, or 0.5 percent, to $74.24 a barrel, according to Archyde.com data.
Both benchmarks jumped 1% on Monday after China opened its borders over the weekend for the first time in three years.
A preliminary poll conducted by Archyde.com on Monday revealed that a decline is likely US crude stocks 2.4 million barrels, while distillate stocks will decrease slightly.
And declare American Petroleum Institute US crude inventories data at 4.30 local time (2030 GMT) Tuesday.