Tuesday, September 9, 2014

Comex Market Update : Epic Research Singapore

Brent crude futures on Monday settled barely above the psychologically important $100-a-barrel mark, their lowest in more than a year, after macroeconomic data out of Asia spurred demand concerns and a stronger dollar kept commodities under pressure.

October Brent crude LCOV4, -0.13% on London’s ICE Futures exchange fell 62 cents, or 0.6%, to $100.20 a barrel. That was Brent’s lowest settlement since May 1, 2013, and a third straight session loss.

Crude futures for delivery in October CLV4, +0.26% lost 63 cents, or 0.7%, to end at $92.66 a barrel on the New York Mercantile Exchange. 

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