Mumbai, Feb. 27 -- WTI Crude oil futures are staying along the flat line on Tuesday morning in Asia after registering modest gains in the previous session. Supply concerns amid ongoing Middle East tensions are seen supporting the commodity. Meanwhile, investors are keenly awaiting US PCE data that will provide insight into the Federal Reserve's possible interest rate cuts. Upcoming crude oil inventory data slated for the week will also determine further direction for oil prices. Currently, the counter is trading at $77.53 per barrel, down marginally on the day after rising over 1% yesterday.
Published by HT Digital Content Services with permission from Capital Market....