WASHINGTON (dpa-AFX) - Crude oil futures were flat Tuesday ahead of American Petroleum Institute data on U.S. inventories.
Analysts expect the API to report another drawdown in oil inventories last week. However, inventories will likely rise from this week due to interruptions at refineries near Houston.
October West Texas Intermediate crude fell 13 cents, or 0.3%, to settle at a more than one-month low of $46.44 a barrel on the New York Mercantile Exchange. Prices fell sharply yesterday as Hurricane Harvey flooding crippled the Texas coast.
The S&P/Case-Shiller 20-city index rose a seasonally adjusted 5.7% in the three-month period ending in June, compared with a year ago, the same rate of change as in May.
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