Brent holds near $112, growth woes keep sentiment shaky

By International Business Times October 02, 2012, 03:40:08 AM EDT

(Reuters) - Brent crude futures steadied near $112 a barrel on Tuesday as investors weighed a weaker outlook for demand due to a sluggish global economy against potential supply disruptions.

The global crude benchmark opened the fourth quarter lower on Monday in the face of poor manufacturing data in Europe and China , with analysts expecting further price weakness.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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