Thu, 23 Aug 2012 19:52:54 GMT
Oil futures rose on Thursday
Crude oil edged higher
on Thursday, August 23, as China's manufacturing sector is contracting at a faster pace than earlier believed,
leaving more space for new stimulus actions from Beijing. Crude oil for October
settlement jumped 0.5 per cent, to $97.72 per barrel. In the meanwhile, natural
gas futures tanked Thursday as government's weekly report showed a
larger-than-expected increase in supplies. Natural gas with September