RTRS: US crude turns down on data, then bounces back
NEW YORK Aug 13 (Reuters) - U.S. crude oil futures briefly turned lower Friday in choppy trading after a report showed U.S. retail sales rose 0.4 percent in July, but with the gains concentrated in auto and gasoline station sales.
A separate report showed U.S. consumer prices rose in July, the first gain in four months, with higher energy costs doing the lifting. [ID:nN13179718]
Oil prices bounced back soon after the reports. Trading had been choppy earlier as crude prices tried to break a string of three straight lower settlements amid continuing concerns about slowing economic growth.
On the New York Mercantile Exchange, September crude CLU0 rose 26 cents, or 0.35 percent, to $76 a barrel by 8:46 a.m. EDT (1246 GMT), trading from $75.32 to $76.74. (Reporting by Robert Gibbons; Editing by John Picinich)
