Epic Research Singapore : Comex Market Update

Benchmark U.S. crude oil for January delivery CLF4 -0.26%   retreated 23 cents, or 0.3%, to $93.45 a barrel, extending a 0.4% loss in Tuesday’s floor trade on the New York Mercantile Exchange.  

Following the Nymex close, the American Petroleum Institute reported U.S. crude stocks rose by 6.9 million barrels in the week ended Nov. 22, according to data from sources, confounding expectations for a drop of 1.5 million barrels, according to a Platts survey of analysts. 

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