Tuesday, June 17, 2014

Comex Market Update : Epic Research Singapore

Oil futures held steady but near nine-month highs Monday, erasing or trimming earlier gains on expectations Iraq’s main oil-producing areas will remain insulated from the sectarian violence sweeping the north of the country as Sunni militants battle the Iraqi government.

July crude oil CLN4 -0.25%    fell a penny to close at $106.90 a barrel on Nymex after earlier trading above $107 a barrel, ending a three-session winning streak.

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