Singapore, 3 March (Argus) — Nymex crude futures were largely unchanged in today's after-hours trade, with a large rise in US crude stocks countered by lower distillates inventories.
At 08:30 GMT the front-month Nymex April WTI crude contract was at $79.69/bl, higher by 1¢/bl from its close yesterday when the contract ended 98¢/bl higher.
Ice April Brent crude fell by 5¢/bl to $78.13/bl.
Nymex April heating oil rose by 0.05¢/USG to $2.0566/USG, while Nymex April RBOB gasoline fell by 0.15¢/USG to $2.1951/USG.
Industry group the American Petroleum Institute (API) released data yesterday showing a rise of 2.7mn bl in crude stocks for the week to 26 February, a larger increase than had been expected. But the API report also showed distillates stocks falling by 4.1mn bl in the same week.
The US EIA will release weekly US government data later today.
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