Thursday, 21 August 2014

Comex Market Update : Epic Research Malaysia

Crude-oil futures rose Wednesday on the back of data that confirmed a weekly decline in U.S. stockpiles.

West Texas intermediate crude for delivery in September CLU4, +2.03% advanced $1.59, or 1.7%, to $96.07 a barrel in electronic trade.

Crude-oil futures on Tuesday dropped 2% to close below $95 a barrel for the first time since January on fading geopolitical fears.

In other action Wednesday, October Brent crude LCOV4, -0.22% rose 72 cents, or 0.7%, to $102.28 a barrel.

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