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Crude oil prices ticked slightly higher in Asia on Tuesday ahead of U.S. industry data on stockpiles with gasoline in focus as the summer driving season nears in the U.S. The American Petroleum Institute will report supplies of crude, gasoline and distillates at the end of last week later Tuesday to be followed by more closely-watched data from the U.S. Department of Energy on Wednesday. Crude oil rose 0.06% to $59.28 a barrel.
GOLD
Gold held flat to weaker early Tuesday in Asia with the stage set in Europe for last-minute talks on Greece's ability to make a major debt payment. Gold were down 0.02% to $1,182 a troy ounce. Overnight, gold fell slightly on Monday reversing the modest gains from last week, as continuing negotiations regarding the Greece debt crisis remained in focus. In Europe, Greece government officials confirmed on Monday afternoon that it has executed an order for a €750 payment to the International Monetary Fund due on Tuesday.
