Singapore, 13 October (Argus) — Nymex oil futures rose slightly in today's after-hours trade, buoyed by a weaker US dollar.
At 07:31 GMT the front-month Nymex November WTI crude contact stood at $73.45/bl, inching up $0.18/bl from yesterday's close.
The Ice November Brent crude contact stood at $71.61/bl, up slightly by $0.25/bl from its close yesterday.
Nymex November heating oil firmed 0.79¢/USG to $1.9023/USG. Nymex November RBOB gasoline moved up slightly by 0.68¢/USG to $1.8058/USG.
The US dollar's slide amid inflation concerns has helped provide support for oil prices. A weak dollar and the fears about inflation have increased investor interest in commodities, including oil futures.
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