Saturday, 20 September 2014

Comex Market Update : Epic Research Malaysia


Oil futures lost ground Friday, on worries over a growing supply glut and a rallying U.S. dollar.

West Texas intermediate crude oil futures for October delivery CLV4, -0.67%  fell 66 cents, or 0.7%, to settle at $92.41 a barrel. On the week, however, futures rose 0.2%, snapping a two-week losing streak.

November ICE Brent futures LCOX4, +0.70%  rose 69 cents, or 0.7%, to end at $98.39 a barrel. Gains for the week reached 0.4%.
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