Comex Market Update : Epic Research Singapore

Oil futures settle higher on Thursday for their first session gain in three after U.S. government data revealed strong demand for fuel, along with a rise in weekly crude inventories that was bigger than the market expected, but less than what a trade group reported.

July crude CLN4 -0.20%  climbed 86 cents, or 0.8%, to settle at $103.58 a barrel on the New York Mercantile Exchange. It was trading at around $103.06 before the inventory data.

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