Saturday, July 26, 2014

Comex Market Update : Epic Research Singapore

Crude-oil futures edged up, rebounding after dropping overnight on high stockpiles of gasoline in the U.S. and as markets await tighter sanctions against Russia.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in September CLU4 -0.18%   closed at $102.09 a barrel, up 2 cents, in the Globex electronic session. September Brent crude UK:LCOU4 +0.99%   on London’s ICE Futures exchange fell 96 cents to $107.07 a barrel.

Nymex reformulated gasoline blendstock for August RBU4 +1.00%   -- the benchmark gasoline contract -- rose 3 points to $2.8402 a gallon, while August heating oil HOU4 +1.40%   traded at $2.9235, 4 points higher.

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