Comex Market Update : Epic Research Singapore

Crude-oil futures top $106 a barrel on Thursday, with the U.S. benchmark marking its highest close in almost nine months as unrest in Iraq intensified, raising concerns about potential disruptions to the nation’s oil supplies.

July crude oil CLN4 +0.42%  , the U.S. benchmark, tacked on $2.13, or 2%, to settle at $106.53 a barrel on the New York Mercantile Exchange. 

August Brent UK:LCOQ4 +0.51%  , which is now the most-active contract, rose $3.05, or 2.8%, to $112.40 a barrel. Tracking the most-active Brent contracts, prices marked their highest close of the year.

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