Oil futures settled lower on Tuesday for a third straight session, giving up earlier gains to remain stuck at levels not seen in nearly seven years.January West Texas Intermediate crude CLF6, +1.57% settled at $37.51 a barrel, down 14 cents, or 0.4%, after trading as high as $38.58 and low as $36.64. January Brent crude LCOF6, +1.19% lost 47 cents, or 1.2%, to $40.26 a barrel.
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