Comex Market Update : Epic Research Malaysia

Crude-oil futures succumbed to renewed selling pressure Tuesday, pushing the U.S. benchmark back below $100 a barrel for the first time since May.

On the New York Mercantile Exchange light, sweet crude futures for delivery in August CLQ4 +0.47% were down 95 cents, or 0.9%, to settle at $99.96 a barrel after trading as low as $99.01. That was the lowest settlement since May 6.

August Brent crude UK:LCOQ4 +0.09% on London’s ICE futures exchange ended off 96 cents at $106.02 a barrel. That was Brent’s lowest settlement since April 7.

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