Oil above $46.00 ahead of US inventory data release

Source: The Wall Street Journal
© Scanpix/Reuters
Prices for crude oil were trading flat on Tuesday ahead of a report on US commercial crude inventories. WTI futures for November delivery were down $0.01 to trade at $46.25 per barrel, whereas Brent futures for delivery in November climbed up $0.09 to trading at $49.34 per barrel. In the prior week, the US government reported that refineries operated at 89.8% of their total capacity, down from the preceding week's 91%.
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