Bulls and bears battle it out in the energy pits

摘要

November crude futures on the New York Mercantile Exchange s4ettled 13 cts lower at US31.82/bbl Tuesday,with bulls and bears battling for dominance throughout the session.Funds first bought in early dealings that pushed the market up to an intra-day high of US32.49/bbl,but they later turned into sellers causing locals,or independent traders who were long in the market,to liquidate positions.