Oil Futures Edge Lower in Tight Asian Trading

By Biman MukherjiFeaturesDow Jones Newswires

Oil futures fell slightly by midday Tuesday in Asia as investors continue to weight hurricane-related impacts in the U.S.

--October Nymex light, sweet crude on the New York Mercantile Exchange was recently down 5 cents at $48.02 a barrel in the Globex trading session. November Brent fell 10 cents on London's ICE Futures to $53.74.

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--In the wake of shutdowns related to Hurricane Harvey, S&P Global Platts notes that some refiners could potentially go straight into autumn maintenance rather than restart for a brief period before shutting again.

Write to Biman Mukherji at biman.mukherji@dowjones.com

(END) Dow Jones Newswires

September 12, 2017 00:45 ET (04:45 GMT)