Oil Market Still Wait Data Release


Oil prices moved mix in early Asian session trading. Bearish signal derived from data from China's industry while positive sentiment coming from positive U.S. jobs data, according to Singapore-based trader.

Brent oil will move in the range of $ 109.30-$ 111/barrel related investor anxiety ahead of the market and wait for the oil from the OPEC oil inventory data from the API today (12/03) and EIA tomorrow (13/03), he explained. April Nymex crude oil futures contract rose 11 cents to 92.17/barrel. Brent fell 2 cents to $ 110.20/barrel.

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