Thursday, May 15, 2014

Epic Research Singapore : Comex Market Update

Oil futures settled on Wednesday at their highest level in more than three weeks. Prices found support from expectations of higher demand during the summer-driving season, turmoil in Ukraine and supply declines at Cushing, Okla., the delivery hub for Nymex crude. June crude CLM4 -0.28% rose 67 cents, or 0.7%, to settle at $102.37 a barrel on the New York Mercantile Exchange. That was the highest close since April 21.
 
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