RTRS: U.S., Brent crude turn higher in choppy trading
Aug 2 (Reuters) - U.S. and Brent crude futures pared losses and turned higher on Tuesday in choppy trading as the debt limit agreement in the United States and a tropical storm lent support, offsetting concerns about slowed economic growth and curbed demand for oil.
U.S. crude prices seesawed around front-month crude's 200-day moving average of $95.00 a barrel.
ICE Brent September crude LCOU1 rose 34 cents to $117.15 a barrel by 9:55 a.m. (1355 GMT), having traded from $115.53 to $117.29.
On the New York Mercantile Exchange, September crude CLU1 rose 25 cents to $95.14 a barrel, trading from $93.75 to $95.45. (Reporting by Robert Gibbons; Editing by John Picinich)
