Singapore, 11 January (Argus) — Nymex crude futures firmed in today's after-hours trade, amid a weaker US dollar and signs of stronger Chinese oil imports.
At 08:30 GMT the front-month Nymex February WTI crude contract was at $83.55/bl, rising by 80¢/bl from its close at the end of last week when the contract ended 9¢/bl higher.
The Ice February Brent crude contract rose by 72¢/bl to $82.09/bl.
Nymex February heating oil rose by 1.94¢/USG to $2.2197/USG, while Nymex February RBOB gasoline rose by 1.99¢/USG to $2.1752/USG.
Oil prices firmed on reports of record-high crude imports by China in December.
A weaker US dollar, following weaker than expected US employment data, also lifted oil prices.
Send comments to feedback@argusmedia.com
naa/rjd
Request more information about Argus' energy news, data and analysis services.
Copyright 2010 Argus Media Ltd
