Oil Market Update : Epic Research Singapore

Oil futures closed higher Tuesday, but surrendered most of their gains from earlier in the session, ahead of a report that’s expected to show another increase in crude supplies.

June crude CLM5, -0.25%  settled at $57.06 a barrel, up 7 cents, or 0.1%, on the New York Mercantile Exchange but well below the session’s high of $57.83.

June Brent crude LCOM5, -0.15%  on London’s ICE Futures exchange fell 19 cents, or 0.3%, to $64.64 a barrel.


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