Saturday, 11 October 2014

Comex Market Update : Epic Research Malaysia

Crude-oil futures ended modestly higher Friday, but notched weekly losses that were the steepest since January for New York-traded oil.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in November CLX4, -0.29%  rose 5 cents, or less than 0.1%, to settle at $85.82 a barrel. For the week, the commodity was off 4.4%, its worst weekly performance, in percentage terms, since the week ending Jan. 3.

November Brent crude on London’s ICE Futures exchange LCOX4, -0.18%  rose 16 cents, or 0.2%, to end at $90.21 a barrel. Brent lost 2.3% on the week, its third consecutive weekly loss.
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