Oil prices were trading nearly flat in Asia trade Monday, after slipping initially as China’s HSBC purchasing managers index, a widely-tracked gauge of manufacturing activity, fell in April.On the New York Mercantile Exchange, light, sweet crude futures for delivery in June CLM5, -0.03% was trading at $59.08 a barrel recently, down 22 cents in the Globex electronic session.
Brent crude for June delivery LCOM5, -0.02% on London’s ICE Futures exchange fell marginally by 6 cents to $66.34 a barrel.
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