Singapore, 17 December (Argus) — Nymex crude futures fell in today's after-hours trade, paring gains amid a stronger US dollar.
At 08:30 GMT the front-month Nymex January WTI crude contract was at $72.27/bl, lower by 39¢/bl from its close yesterday where the contract ended $1.97/bl higher.
The new front-month Ice February Brent contract fell by 31¢/bl to $73.98/bl.
Nymex January heating oil fell by 0.82¢/USG to $1.9576/USG, while Nymex January RBOB gasoline fell by 1.03¢/USG to $1.8636/USG.
The US dollar has firmed in response to the US Federal Reserve seeing the economy improving.
Crude prices rose yesterday as US EIA weekly data showed a decline of 2.9mn bl in distillates stocks and crude inventories down by 3.7mn bl. The data eased some of the market's concerns about growing supplies.
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