Energy Markets
Oil consistent after recent losses as needed concerns
Oil was little bit altered on Wednesday after a sharp drop in the previous session ended a. threeday streak of gains, amidst persistent issues over. potential supply losses from the Middle East and North Africa as. well as worldwide fuel need concerns. Brent crude futures were up 8 cents at $79.63 a. barrel at 0653 GMT. U.S. West Texas Intermediate crude. futures up 7 cents to trade at $75.60. Rates fell more than 2% on Tuesday, snapping a three-day. streak of gains of more than 7%, as concerns about low refinery. earnings margins weighed on expectations for fuel demand amidst...