Comex Market Update : Epic Research Singapore

Oil futures climbed above $104 a barrel on Monday to settle at their highest level since early March, as signs of improving economies in China and Japan and stimulus measures by the European Central Bank raised the outlook for energy demand.

Crude oil for July delivery CLN4 +0.24%  rose $1.75, or 1.7%, to settle at $104.41 a barrel on the New York Mercantile Exchange. 

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