Bullionguru’s”Crude falls in Asia after early gains, U.S. demand eyed”

Live NEWS Update

Crude reversed course and dipped in Asia on Tuesday despite some upbeat signals on the U.S. summer driving season off to a strong start at the Memorial Day weekend.

The U.S. West Texas Intermediate crude July contract fell 0.04% to $49.78 a barrel. Elsewhere, Brent oil for August delivery on the ICE Futures Exchange in London dipped 0.36% to $52.45 a barrel.

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