Bent levels off at $98 due to soft demand

Source: CNBC
© Scanpix/FP
Brent crude fluctuated around the $98 mark on Tuesday, extending its gains after receiving some reprieve from its lowest in two years. The dormant manufacturing performance in the U.S. and China has discouraged from growth in demand, not allowing Brent prices to break though. Brent for November delivery was up by 3 U.S. cents to $97.91 per barrel, while October crude lost 15 cents to $92.77 per barrel. 

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