Crude-oil futures on Wednesday bounced back from two-month lows, adding to gains after a government supply report showed a larger-than-expected drop in inventories.
Crude futures for August delivery CLQ4 +0.24% rose $1.24, or 1.2%, to end at $101.20 a barrel on the New York Mercantile Exchange after ending Tuesday at their lowest price since early May.
August Brent crude UK:LCOQ4 -0.10% , which trades on London’s ICE Futures exchange, lost 17 cents to settle at $105.85 a barrel.
Nymex reformulated gasoline blendstock for August RBU4 -0.12% —the benchmark gasoline contract—declined 1.61 cents to end at $2.8825 a gallon, while August heating oil HOU4 -0.04% advanced less than a penny to $2.8578.
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Crude futures for August delivery CLQ4 +0.24% rose $1.24, or 1.2%, to end at $101.20 a barrel on the New York Mercantile Exchange after ending Tuesday at their lowest price since early May.
August Brent crude UK:LCOQ4 -0.10% , which trades on London’s ICE Futures exchange, lost 17 cents to settle at $105.85 a barrel.
Nymex reformulated gasoline blendstock for August RBU4 -0.12% —the benchmark gasoline contract—declined 1.61 cents to end at $2.8825 a gallon, while August heating oil HOU4 -0.04% advanced less than a penny to $2.8578.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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