Oil fluctuates without direction

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Source: Bloomberg
© Scanpix/RS

Crude oil future price for December supply was only 4 cents higher at $85.69 during Asia trading hours. However, oil can't find a direction after yesterday's 79 cents gain, which lifted the price from the lowest point since 10th of July. Investors' sentiments are mixed, as the U.S., the largest crude consumer, resumes oil delivery on the East Coast after super storm Sandy and just before the final results of the U.S. presidential election.

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