Oil futures rose Wednesday, with the U.S. benchmark posting a nearly 11-month closing high, as crude found support from continued supply disruptions, China import data and a decline in crude inventories.
On the New York Mercantile Exchange, West Texas Intermediate crude fo
r July delivery CLN6, -0.24% rose 87 cents, or 1.7%, to settle at $51.23—the highest close for a nearby contract since July 15.
August Brent crude LCOQ6, -0.10% the global oil benchmark, rose $1.07, or 2.1%, to finish at $52.51 a barrel on London’s ICE Futures exchange, its highest close since October.
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On the New York Mercantile Exchange, West Texas Intermediate crude fo
r July delivery CLN6, -0.24% rose 87 cents, or 1.7%, to settle at $51.23—the highest close for a nearby contract since July 15.
August Brent crude LCOQ6, -0.10% the global oil benchmark, rose $1.07, or 2.1%, to finish at $52.51 a barrel on London’s ICE Futures exchange, its highest close since October.
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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