Comex Market Update : Epic Research Singapore

Brent crude on Thursday pushed above $115 a barrel for the first time since September, boosted by continued worries over Iraq and extended gains after President Barack Obama said U.S. troops won’t return to combat in the country but that targeted military strikes are an option.

ICE August Brent futures UK:LCOQ4 -0.01%  rose to $115.71 a barrel, its highest level since September after Obama’s comments. Brent ended up 80 cents, or 0.7%, at $115.06 a barrel.

Nymex July WTI crude CLN4 +0.20%  , the U.S. benchmark, rose 46 cents to close at $106.43 a barrel, pushing back toward last week’s high above $107. In energy-product markets, July gasoline RBN4 -0.18%   rose 2.73 cents, or 0.9%, to close at $3.1255 a gallon, its highest close since July 16, 2013.

July heating oil HON4 -0.12%   rose 1.23 cents to $3.0525 a gallon. July natural-gas futures NGN14 -0.46%   fell 7.5 cents, or 1.6%, to $4.584 per million British thermal units.

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