Crude-oil futures ticked slightly lower in choppy trade early Tuesday as investors awaited details from a monthly report on inventories from the Organization of the Petroleum Exporting Countries and others.
U.S. benchmark July West Texas Intermediate crude fell 18 cents, or 0.3%, to $65.92 a barrel on the New York Mercantile Exchange. August Brent crude the global benchmark, lost 48 cents, or 0.6%, to trade at $75.98 a barrel on the ICE Futures Europe exchange.
Oil market participants are looking ahead to a batch of inventory reports with a particular focus on the latest monthly report from OPEC due later today.
Source : Marketwatch