Oil prices ended in the red on Monday with lingering concerns over a global supply glut and weakening demand pushing prices to their lowest settlement in roughly two months.
Natural-gas prices NGX15, +0.44% meanwhile, dropped for a fourth trading day in a row, losing nearly 10% for the session to hold ground at their lowest level since 2012.
December West Texas Intermediate crude CLZ5, -0.75% fell by 62 cents, or 1.4%, to settle at $43.98 a barrel on the New York Mercantile Exchange. The settlement was the lowest since Aug. 27, based on the most-active contracts, according to FactSet. December Brent crude LCOZ5, -0.44% on London’s ICE Futures exchange shed 45 cents, or 0.9%, to $47.54 a barrel.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
Natural-gas prices NGX15, +0.44% meanwhile, dropped for a fourth trading day in a row, losing nearly 10% for the session to hold ground at their lowest level since 2012.
December West Texas Intermediate crude CLZ5, -0.75% fell by 62 cents, or 1.4%, to settle at $43.98 a barrel on the New York Mercantile Exchange. The settlement was the lowest since Aug. 27, based on the most-active contracts, according to FactSet. December Brent crude LCOZ5, -0.44% on London’s ICE Futures exchange shed 45 cents, or 0.9%, to $47.54 a barrel.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment