Saturday, February 1, 2014

Epic Research Singapore : Comex Market Update

Oil futures fell on Friday and suffered a loss for the month as a recent selloff in emerging markets and weakness in U.S. equities raised worries about the prospects for energy demand. Natural-gas futures also fell for the session, but scored a hefty gain for the month as severe cold spiked demand for the heating fuel. March crude CLH4 -0.84% settled at $97.49 a barrel on the New York Mercantile Exchange, down 74 cents, or 0.8% for the day. It gained 0.9% for the week but lost roughly 0.9% for the month. March natural gas fell 7 cents, or 1.4%, to settle at $4.94 per million British thermal units. It fell 1.1% for the week and rallied about 18% for the month.  

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