Oil futures traded above $93 on Tuesday

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Source: Marketwatch

Crude oil futures rose on Tuesday, as investor optimism grew amid improved economic data from the U.S. and Europe.  Oil with September contract jumped by 0.9%, to $93.52 per barrel, after losing 0.2% on Monday. At the same time, September natural gas and heating oil for the same month advanced as well, by 1.47% and 0.2% respectively. Among other energy-related products, September gasoline resisted the trend and declined by 0.39 per cent to $2.98 per gallon.

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