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Crude oil dropped despite strong demand-side support. Upbeat PMI numbers from the world's largest economies as well as optimism over the Greek bailout talks failed to lift the commodity.
Brent oil was bearish as fire was ceased in the Middle East. At the same time, the downswing was restricted in wake of softer greenback and positive PMI readings.
Natural gas was the only gainer, reaching one-year high after the EIA report showed the second withdrawal of the natural gas inventories for winter heating season.
Heating oil shed 0.45% despite forecasts for colder-than-normal weather in the US East Coast for the next week.