Manufacturing Data Sends Crude Oil Lower –

Crude oil futures for October declined $1.17 after data from the Institute for Supply Management.  The purchasing managers index fell to 49.6 which is the lowest the index has been since July 2009.  A weak global economy has also contributed to lower demand for crude oil.

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/BT-CO-20120904-711667.html

Jim Sutliff

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