Oil Market Update : Epic Research Singapore

Oil futures settled lower for a fourth straight session on Monday, as traders showed caution in extending a hefty month-to-date price gain ahead of a meeting in April to address the global oil glut among major crude producers.

May West Texas intermediate crude CLK6, -0.38% fell 7 cents, or 0.2%, to settle at $39.39 a barrel on the New York Mercantile Exchange. That was the lowest settlement since March 16. May Brent crude LCOK6, -0.35%  on London’s ICE Futures exchange edged down by 17 cents, or 0.4%, to $40.27 a barrel.

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