Brent Holds Near $112/B, Woes Keep Sentiment Shaky

Published on Wednesday, 03 Oct 12:03 pm

Brent crude futures steadied near $112/B on Tuesday as investors weighed a weaker demand outlook amid a sluggish global economy against the continuing potential for supply risks. The global crude benchmark opened the 4th quarter lower Monday as investors struggled to push prices higher in the face of poor manufacturing data out of Europe and China, and analysts expect further price weakness((Reuters).

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