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Oil supported by upbeat US manufacturing data

Oil price is still a report Tuesday the United States manufacturing in four months first rebound,.
In Europe afternoon, November delivery benchmark crude oil rose 18 cents, to a barrel on the New York mercantile exchange electronic transaction $92.66.
The contract finished up 29 cents, in New York after the $92.48, Monday, according to a report in the American manufacturing industry growth in September for the first time in four months.
In London, Brent north sea crude oil (Brent) crude oil, the international oil varieties of falling prices for eight cents, to $112.11, ICE futures exchange.
"Because of is still supply exceeds demand, the price of oil is time is impossible to lasting benefits, said:" Frankfurt commercial bank (Commerzbank) in a report.
Some analysts said, the price of oil elevator federal reserve bank announced on September 13, third round to buy bonds began to abate.
On the contrary, key may be "return of the deterioration, the potential economic and financial situation, in the first time to make the necessary additional stimulus," Capital economy (Capital Economics) analysts in an email comment said.
Last month, the federal reserve announced a new round of buying bonds, known as the quantitative easing policy, and says it will consider on the U.S. economy provide extra support, until the Labour market is a major improvement.
In the United States employment picture to glance on Friday, the United States department of labor employment data published in September.
In the New York mercantile exchange other energy futures trading:
- gas up 1.7 cents at $3.497 per 1000 cubic feet.
Heating the oil - 0.53 cents to $3.1411 a gallon.
- wholesale gasoline down 2.69 cents, to $2.8932 a gallon.




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