Brent Climbs As Markets Wait for Falling US Inventories' Confirmation
July 16, 2013 at 07:38 AM EDT
Brent crude oil traded steadily on Tuesday morning as expectations of a drop in US crude inventories kept markets positive as investors hoped for increasing demand growth in the number one oil consuming nation. The commodity traded at $108.80 at 5:53 GMT on Tuesday morning. If the inventory estimates are confirmed,