Saturday, March 1, 2014

Epic Research Singapore : Comex Market Update

Crude oil for April delivery CLJ4 +0.34%  tacked on 19 cents, or 0.2%, to settle at $102.59 a barrel on the New York Mercantile Exchange. Tracking the most-active contracts, oil futures gained around 0.4% on the week and saw a 5.2% monthly rise.

Oil’s move higher on Friday was also likely due in part to prices gaining some traction in sympathy with the firmer S&P 500 SPX +0.28%  and weaker U.S. dollar DXY -0.63%.
 
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