Oil Futures Pare Most Of Their Losses By The Settlement

By Markets MarketWatch Pulse

Oil futures fell on Tuesday, as terror attacks in Brussels contributed to volatile trading, but by the end of the session, prices recouped much of the losses they had suffered through the day. The terror attacks "should be a non-event" for oil, said James Williams, energy economist at WTRG Economics. Belgium does not produce crude and its three refineries are unlikely to be affected, he said. May WTI crude fell 7 cents, or 0.2%, to settle at $41.45 a barrel on the New York Mercantile Exchange.

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