Singapore, 17 March (Argus) — Nymex crude prices rose in today's after-hours trade on a weaker US dollar and bullish American Petroleum Institute (API) data.
At 08:30 GMT the front-month Nymex April WTI crude contract was at $82.13/bl, rising by 43¢/bl from its close yesterday when the contract rose by $1.90/bl.
Ice May Brent crude was higher by 44¢/bl to $80.97/bl.
Nymex April heating oil rose by 0.67¢/USG to $2.1210/USG, while Nymex April RBOB gasoline rose by 1.50¢/USG to $2.29/USG.
API data yesterday showed a smaller than expected rise of 403,000 bl in US crude stocks for the week to 12 March. Gasoline stocks fell by 3.7mn bl, helping to lift market sentiment.
Send comments to feedback@argusmedia.com
naa/rjd
Request more information about Argus' energy news, data and analysis services.
Copyright 2010 Argus Media Ltd
