Singapore, 23 March (Argus) — Nymex crude futures fell on a stronger US dollar, ahead of the release US weekly inventory data.
At 08:30 GMT the front-month Nymex May WTI crude contract was at $81.23/bl, lower by 37¢/bl from its close yesterday when the contract ended 57¢/bl higher.
Ice May Brent crude fell by 37¢/bl to $80.17/bl.
Nymex April heating oil fell by 0.87¢/USG to $2.0750/USG, while Nymex April RBOB gasoline fell by 1.11¢/USG to $2.2451/USG.
US stocks data this week are expected to show an increase in crude stocks, although US gasoline inventory levels are predicted to decline as demand is seen recovering.
American Petroleum Institute data is due to be released later today.
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