Agence France-PresseFebruary 11, 2014 17:32
Oil prices traded sideways Tuesday after the new head of the Federal Reserve, Janet Yellen, indicated the Fed would stay the policy course mapped by her predecessor Ben Bernanke.
New York's main contract, West Texas Intermediate for March, eased 12 cents to close at $99.94 a barrel. On Monday WTI ended above $100 for the first time this year, topping the level by six cents.
In London trade, Brent North Sea crude for delivery in March settled at $108.68 a barrel, a gain of five cents from the prior day's close.