Crude oil prices are edging lower on Tuesday as the rally in the previous session proved short-lived due to weak manufacturing data in the US, analysts said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 116.41/bbl on the ICE platform, down USD 0.40 on Monday's close when the September delivery traded as high as USD 120.40/bbl.
"A disappointing US Institute of Supply Management [ISM]survey number weighed on growth sentiment, pressuring US and European equities down. It is difficul
Dienstag, 2.08.2011, 08:45 Uhr
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