CRUDE OIL LIVE MARKET UPDATE

Crude Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely draw down in U.S. crude and gasoline stockpiles.

 

                            Brent futures had declined 24 cents to $48.11 a barrel by 0447 GMT, after closing down 37 cents in the previous session.

 


U.S. crude futures dropped 20 cents to $47.88 a barrel, having settled down 33 cents the day before.Content this no 9827808090

 

                     U.S. commercial crude oil stocks likely fell by around 2.5 million barrels to 538.8 million in the week ended May 20, a preliminary Reuters analysts' poll taken ahead of weekly industry and official inventory data showed on Monday. 

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