Comex Market Update : Epic Research Malaysia

Crude-oil futures rose Friday, supported by positive U.S. economic data and escalating tensions between Russia and Ukraine, but ongoing concerns about plentiful supplies and weak demand kept a lid on prices and led to a second straight monthly loss.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in October CLV4, +1.36% rose $1.41, or 1.5%, to end at $95.96 a barrel. Prices climbed 2.5% over the week but still lost 2.3% in August.

October Brent crude on London’s ICE Futures exchange LCOV4, +0.57% rose 73 cents, or 0.7%, to settle at $103.19 a barrel. Brent rose 0.9% on the week but lost 2.7% in August.

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