Comex Market Update : Epic Research Malaysia

Oil futures benchmarks ended at fresh multi-year lows on Wednesday, edging lower amid a broad U.S. equity market selloff that sent investors to the perceived safety of government bonds.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in November CLX4, -1.64%   declined six cents, or 0.1%, to settle at $81.78 a barrel. That was New York-traded oil’s lowest settlement since June 28, 2012. Prices have tumbled 4.7% over the last three sessions.

November Brent crude on London’s ICE Futures exchange LCOX4, -1.10% fell $1.26, or 1.5%, to end at $83.78 a barrel. That was Brent’s lowest finish since Nov. 23, 2010.

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