PERTH, April 2 (Reuters) - U.S. crude futures slipped in early Asian trading on Tuesday after data showed an unexpected slowdown in U.S. manufacturing and on expectations that oil inventories would continue to rise in the world's largest energy consumer.
The shutdown of Exxon Mobil's
FUNDAMENTALS
* U.S. crude for May delivery
* Brent crude
* Exxon Mobil's
* A provisional poll of analysts and traders by Reuters showed a 2.3 million-barrel rise in crude oil stocks in the United States last week.
* The pace of expansion in the U.S. manufacturing sector unexpectedly slowed in March as the rate of new orders dropped.
* Demand for Saudi crude is likely to rise over the next few months, Saudi oil minister Ali Al-Naimi said on Monday, signalling that the world's largest oil exporter sees a recovery in its biggest export market, Asia.
* China's official purchasing managers index (PMI) came in at 50.9, the highest in 11 months, but economists expected bigger recovery from February's five-month low.
MARKETS NEWS
* Asian shares inched higher but were capped on Tuesday with the dollar vulnerable after unexpectedly weak U.S. factory data raised investor caution ahead of new indicators that could flag falling economic momentum.
DATA/EVENTS (GMT)
0743 Italy Markit/ADACI Manufacturing PMI
0748 France Markit Manufacturing PMI
0753 Germany Markit/BME Manufacturing PMI
0758 Euro zone Markit Manufacturing PMI
0800 Italy Unemployment rate
0900 Euro zone Unemployment rate
1145 U.S. ICSC weekly chain store sales
1200 Germany CPI
1345 U.S. ISM New York business activity
1400 U.S. Factory orders
1400 U.S. IBD/TIPP consumer confidence
(Reporting by Rebekah Kebede; Editing by Joseph Radford)
((rebekah.kebede@thomsonreuters.com)(+61 402 974 273)(Reuters Messaging: rebekah.kebede.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/




















