In other economic news, the ISM’s manufacturing purchasing managers index came in at 57.1. A number above 50 signals expansion. Construction spending rose 0.5%, just below the previous month’s 1.3% gain and below estimates.
Storage tanks are seen at Marathon Petroleum's Los Angeles refinery, which processes domestic and imported crude oil. Picture taken with a drone. fell to $99.27, while Brent, the global benchmark, slid to $104.39 as investors weighed the release of emergency oil reserves announced by the United States.
Source: News Formal (newsformal.com)
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