Crude Oil Rebounds Slightly –

Crude oil rebounded slightly in Tuesday trading after falling 4% on Monday.  Manufacturing data from China helped to boost the price of crude oil which settled at $88.50 a barrel.  Euro zone economies are still weighing on the market with Eurpoean manufacturing numbers indicating weakness.  U.S. crude inventory data is expected to show a decline of 800,000 barrels on Thursday.

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James Sutliff

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