Comex Market Update : Epic Research Singapore

Oil futures fell back below $106 a barrel on Thursday, with the U.S. benchmark marking its lowest close in about two weeks, undercut by strong U.S. crude stockpiles and soft economic data as worries surrounding supplies from Iraq and Libya eased.

West Texas Intermediate crude for August delivery CLQ4 -0.05%   fell 66 cents, or 0.6%, to settle at $105.84 a barrel on the New York Mercantile Exchange. 

August Brent crude UK:LCOQ4 -0.01%   fell 79 cents, or 0.7%, to $113.21 a barrel on the ICE Futures exchange.

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