By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Crude-oil futures trimmed their decline Friday after a surprise rise in U.S. manufacturing stoked hopes of more demand for oil. Crude for August delivery CL1Q -1.32% declined $1.50, or 1.6%, to $93.98 a barrel on the New York Mercantile Exchange. It had traded 1.8% lower before the Institute for Supply Management said its factory index rose to 55.3% in June, from 53.5% in May. Economists polled by MarketWatch had expected a decline.
