RTRS: Brent crude drops $2 on weak economic, inventory data
May 2 (Reuters) - Brent crude futures fell more than $2 per barrel on Wednesday as weak U.S. and European economic data and a report showing rising crude inventories in the United States pressured oil prices.
Brent June crude fell $1.76 to $117.90 a barrel by 12:06 p.m. EDT (1606 GMT), having traded as low as $117.64, nearing the front-month's 100-day moving average of $117.25. (Reporting by Robert Gibbons; Editing by Bob Burgdorfer)
