Oil settled lower Tuesday, as supply disruptions in the North Sea and Libya eased, but prices stuck close to the two-and-a-half-year high it settled at last week. Uncertainty surrounding output from Iran, in the wake of antigovernment protests, offered some support for prices, but analysts were skeptical of any big impact on production. February West Texas Intermediate crude fell 5 cents, or less than 0.1%, to settle at $60.37 a barrel on the New York Mercantile Exchange. It’s settlement at $60.42 on Friday was the highest since June 2015.
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