Oil futures finished with a loss for a second day in a row on Thursday, as the market weighed the likelihood that key producers meeting this weekend will reach a pact to cap output.
May West Texas Intermediate crude CLK6, +0.39% fell 26 cents, or 0.6%, to settle at $41.50 a barrel on the New York Mercantile Exchange, but traded between a low of $40.84 and a high of $42.16 during the session. For the week, prices were looking at more than 4% climb.
June Brent crude LCOM6, +0.36% on London’s ICE Futures exchange lost 34 cents, or 0.8%, to $43.84 a barrel.
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May West Texas Intermediate crude CLK6, +0.39% fell 26 cents, or 0.6%, to settle at $41.50 a barrel on the New York Mercantile Exchange, but traded between a low of $40.84 and a high of $42.16 during the session. For the week, prices were looking at more than 4% climb.
June Brent crude LCOM6, +0.36% on London’s ICE Futures exchange lost 34 cents, or 0.8%, to $43.84 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
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