Friday, January 24, 2014

Epic Research Singapore : Comex Market Update

Heating oil led the price gains among the Nymex energy futures, with the February contract settling at $3.077 a gallon, up by almost 4 cents, or 1.3%. February gasoline RBG4 +0.06%  slipped 1.5 cents, or 0.6%, to $2.66 a gallon.

Distillate stockpiles, which include heating oil, fell by 3.2 million barrels, the EIA said, while gasoline supplies climbed 2.1 million barrels. Analysts were looking for distillate inventories to fall by 1.2 million barrels and gasoline supplies to rise by 1.7 million barrels. 


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