Friday, 22 August 2014

Comex Market Update : Epic Research Malaysia

Crude-oil futures trading in New York settled higher on Thursday, shaking off initial weakness following negative economic news from China, the world’s top oil consumer.

Light, sweet crude futures for delivery in October CLV4, -0.21% rose 51 cents, or 0.6%, to settle at $93.96 a barrel on the New York Mercantile Exchange. It had traded as low as $92.50 a barrel earlier, according to FactSet.

October Brent crude LCOV4, -0.14% on London's ICE Futures exchange rose 35 cents, or 0.3%, to $102.63 a barrel.

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