Rally sputters as oil complex turns lower

摘要

New York—Oil futures settled mostly lower Thursday after the complex was unable to sustain earlier increases led by solid Chinese factory data, escalating tension in Syria and threats to supply from Hurricane Joaquin. NYMEX November crude settled 35 cents lower at $44.74/b, well below its intraday high of $47.10/b. ICE November Brent settled down 68 cents at $47.69/b after having traded as high as $49.84/b.