Singapore, 21 October (Argus) — Nymex futures slipped slightly in today's after-hours trade in anticipation of higher than expected US crude inventories.
At 07:36 GMT the front-month Nymex December WTI crude contract stood at $78.96/bl, down by $0.16/bl from yesterday's close.
The Ice December Brent crude contract was at $77.15/bl, slightly softer by $0.09/bl from the previous close.
Nymex November heating oil dipped by 0.30¢/USG to $2.0443/USG, while Nymex November RBOB gasoline fell by 0.70¢/USG to $1.9807/USG.
The American Petroleum Institute reported that weekly US crude inventories rose by much higher levels than expected by the market, ahead of data to be released today by the US EIA. The US dollar has also stabilised after suffering recent losses that helped boost Nymex futures.
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