Crude oil futures ended lower for third straight session on Tuesday as traders bet that domestic crude supplies climbed for a fourth week in a row, in the wake of last month’s Texas deep freeze. Further, concerns about a likely drop in energy demand also weighed on oil prices amid reports several countries in Europe have temporarily suspended the use of AstraZeneca's coronavirus vaccine. Germany, France and Italy plan to suspend AstraZeneca COVID-19 injections after reports of possible serious side effects, although the World Health Organization said there was no established link to the vaccine.
Crude oil futures for April fell 59 cents or 0.9 percent to settle at $64.80 barrel on the New York Mercantile Exchange. May Brent crude dropped 49 cents or 0.7 percent to settle at $68.39 a barrel on London's Intercontinental Exchange.