Oil down 1% ahead of U.S., China data

Singapore, Oct. 30 (BNA): Oil prices slipped more than 1% on Monday as investors adopted caution ahead of a U.S. Federal Reserve policy meeting and China’s manufacturing data due this week.

Brent crude futures dropped 1.6%, or $1.11, to $89.37 a barrel.

While U.S. West Texas Intermediate crude was down 1.2%, or $1.34, at $84.20 a barrel, according to Reuters.

Both Brent and WTI had ended Friday up 3%.


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