SINGAPORE, Feb 5 (Reuters) - U.S. crude slipped on Tuesday to trade near $96 per barrel as traders booked profits on renewed euro zone worries following signs of political uncertainty in the troubled region, while a slightly firmer dollar also hurt prices.
FUNDAMENTALS
* U.S. crude
* Both U.S. crude and Brent oil futures
* Spain's opposition Socialist Party called for the resignation of Prime Minister Mariano Rajoy over a corruption scandal on Sunday as a poll showed the lowest support on record for his centre-right People's Party.
* In Italy, chances of former prime minister Silvio Berlusconi regaining power raised worries about Rome's ability to fix its fiscal problems.
* Euro zone factory prices fell for the second month in a row in December, mirroring the trend in consumer inflation and leaving room for a possible European Central Bank interest rate cut to revive the weak economy.
* A gauge of U.S. business investment plans dropped in December, a possible sign companies were losing confidence in the economy's strength due to fears over tighter fiscal policy.
* Sudan has sold a cargo of oil of disputed ownership from South Sudan oilfields, a minister and trading sources said, in what is likely to be seen by the south as a provocation after security and oil transport talks between the two countries fell apart.
* Iranian Foreign Minister Ali Akbar Salehi said on Monday he saw U.S. Vice-President Joe Biden's offer this weekend of bilateral dialogue between their two countries as a sign of a change in approach to Tehran by Washington.
MARKETS NEWS
* Asian shares eased on Tuesday as investors booked profits from recent strong rallies in the face of weak U.S. data and worries that a potential political shake-up could disrupt the euro zone's efforts to resolve its debt crisis.
* A week-old rally in the euro came to a halt as investors took profits on its stellar gains in the run-up to this week's European Central Bank policy meeting. The euro's decline saw the dollar index rise, rebounding from a 4-1/2 month trough plumbed Friday.
DATA/EVENTS (GMT)
0145 China HSBC Services PMI
0330 Australia RBA cash rate
0848 France Markit Services PMI
0853 Germany Markit Services PMI
0858 Euro zone Markit Services PMI
1000 Euro zone Retail sales
1245 U.S. ICSC weekly chain store sales
1355 U.S. Redbook weekly retail sales
1500 U.S. ISM Non-manufacturing PMI
1500 U.S. IBD economic optimism index
2130 U.S. API weekly crude stocks
(Reporting by Ramya Venugopal; Editing by Himani Sarkar)
((ramya.venugopal@thomsonreuters.com)(+65 6870 3826)(Reuters Messaging:ramya.venugopal.thomsonreuters.com@reuters.net))
((CRUDE OIL TRADES Asia...ACRU/T Europe...CRU/T Americas...CRU/TU CRUDE OIL MARKET NEWS Crude oil tenders in Asia........................CRU/TENDA Crude oil supply outages in Asia............CRU/OUT-ASIA-O Refinery outages in Asia....................REF/OUT-ASIA-O Global arbitrage news and flows.................O/CRUDEARB W.African crude imports to Asia, monthly........O/WAFRICA1 REFINERY MAINTENANCE DIARIES Asia...REF/A Middle East...REF/ME Europe...REF/E NATIONAL CRUDE IMPORT DATA Japan..............METI/JP1 China..............O/CHINA1 India..............O/INDIA2 S.Korea............O/KOREA1 Indonesia.......O/INDO1-CRU CRUDE OIL INVENTORY DATA Japan...O/JAPAN1 US...EIA/S Europe...O/EUROIL1 CRUDE OIL PRODUCTION/OILFIELD NEWS OPEC output survey...OPEC/O New Asian fields...ASIA/NEW New Africa fields...AFR/NEW New Europe fields..NSEA/NEW New Americas fields..AM/NEW New projects.....ENERGY/NEW CRUDE OIL MARKET REPORTS Middle East...........CRU/M Asia-Pacific........CRU/AP West Africa.........CRU/WAF North Sea............CRU/E Asia outlook.......ASIA/CRU Europe outlook.....EUR/CRU Global futures report...O/R Technicals report......O/I PRICES For all Official Selling Prices......................OSP/O For a POLL on oil prices............................O/POLL NYMEX and ICE oil futures...........................OILOIL TOCOM crude oil futures.............................0#JCO: Dubai, Oman swaps and spread...............ASIA/SWAP/CRUDE Middle East physical crude diffs...............CRUDE/ASIA2 Australia physical crude, Tapis swaps..........CRUDE/ASIA1 Asia-Pacific physical crude....................CRUDE/ASIA3 All Asian crude oil differentials................0#C-DIF-A All Asian crude oil outright prices..................0#C-A ))
Keywords: MARKETS ASIA NYMEX/




















