Tuesday, April 1, 2014

Epic Research Singapore : Comex Market Update

Oil futures settled modestly lower on Monday as disappointing data on Chicago-area businesses contributed to a pullback in prices from a nearly three-week high, but hopes for stimulus measures from China provided support, helping the commodity score a quarterly rise.  


Crude oil for May delivery CLK4 -0.21%  fell 9 cents, or 0.1%, to settle at $101.58 a barrel on the New York Mercantile Exchange. Based on the most-active contracts, crude futures fell 1% for the month, but gained of 3.2% for the quarter and year to date, according to FactSet data. 

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