Oil futures gained some in Asia on Tuesday after losing more than half of Friday's gains overnight. That as low trading volume can make for sizable trading swings.
--On the New York Mercantile Exchange, light sweet crude futures for delivery in September was recently up 0.3% at $47.53 a barrel in the Globex electronic session. October Brent crude on London's ICE Futures rose 0.3% at $51.84.
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--With the spread between WTI and Brent topping $4 a barrel for the first time in nearly 2 years last week, that "creates an incentive for U.S. producers to sell crude abroad" and could keep their output high, says S&P Global Platts.
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(END) Dow Jones Newswires
August 22, 2017 00:24 ET (04:24 GMT)