Singapore, 28 July (Argus) — Nymex crude futures were marginally firmer in today's after-hours trade as the market maintained a positive outlook about a global economic recovery.
At 08:30 GMT, the front-month September US crude futures contract was at $68.68/bl, rising by 30¢/bl from its close yesterday when the contract ended 33¢/bl higher.
The Nymex August front-month heating oil futures contract in after-hours trade rose by 0.76¢/USG to $1.8042/USG. Nymex August RBOB gasoline prices rose by 0.98¢/USG to $1.9445/USG.
Providing fresh hopes of an economic recovery in the US was data showing more robust home sales.
Oil markets will also be eyeing US oil stocks data this week, which are expected to show a small decline in crude and gasoline inventories.
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