Friday, 17 October 2014

Comex Market Update : Epic Research Malaysia

Crude-oil futures on Thursday bounced from a two-year low and from a dip under $80 a barrel, scoring their highest one-day dollar gain in three weeks.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in November CLX4, +0.39%  rose 92 cents, or 1.1%, to settle at $82.70 a barrel. It earlier touched below $80 a barrel for the first time since late June 2012.

November Brent crude LCOX4, +0.85%  on London’s ICE Futures exchange rose 69 cents, or 0.8%, to end at $84.47 a barrel. That was Brent’s largest one-day percentage gain in a month.

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