Oil prices are staying soft and traders hope strong U.S. economic news will firm up the price of crude. Europe's benchmark Brent crude fell back to just above 60 dollars a barrel in early trading in Japan. West Texas Intermediate crude bumped up to nearly 57 dollars a barrel in early trading before sliding back to less than 56 dollars a barrel. U.S. durable goods orders and third quarter GPD figures are due at 8:30 a.m. Eastern time today and oil traders hope strong numbers will breathe new life into prices.
