Friday, November 20, 2015

Oil Market Update : Epic Research Singapore

Crude-oil futures ended lower Thursday as investors were unable to shake off worries about growing global supply.

Nymex West Texas Intermediate crude for January delivery CLZ5, +0.12% the most active contract, fell 23 cents to settle at $41.72 a barrel. Front-month December WTI futures fell 21 cents, or 0.5%, to close at $40.54 a barrel. WTI is the U.S. benchmark.

ICE January Brent futures LCOF6, +0.34% the international benchmark, rose 4 cents, or 0.1%, to end at $44.18 a barrel.

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