Tue, 23 Jul 2013 14:47:10 GMT
WTI down to almost 3-day low amid U.S. expansion worries
WTI crude declined after the U.S., the largest oil-consumer country, showed lower-than-expected data from its vitally important housing market. Additional factor for the drop was the weaker Dollar as greenback's movements and commodities expressed in dollars typically react inversely. WTI futures lost 0.73% to $106.17 per barrel, while Brent crude remained at $108.27 on ICE Futures Europe exchange.