Comex Market Update : Epic Research Singapore

Crude-oil futures on Monday rose to their highest in nearly three weeks on ongoing geopolitical concerns and as Libya announced a drop in its production.

sweet crude futures for delivery in August CLQ4 +0.51%   gained $1.46, or 1.4%, to settle at $104.59 a barrel on the New York Mercantile Exchange. That was crude’s highest settlement since July 1.

September Brent crude on London’s ICE Futures exchange UK:LCOU4 +0.22%   rose 44 cents to settle at $107.68 a barrel.


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