Singapore, 9 July (Argus) — Nymex crude futures rose in today's after-hours session as steady price falls of the past week prompted renewed buying.
At 08:30 GMT, the front-month August US crude futures contract was at $61.09/bl, higher by 95¢/bl from yesterday's close when the contract settled down $2.79/bl.
The Nymex August front-month heating oil futures contract in after-hours trade rose by 2.08¢/USG to $1.5587/USG. Nymex August RBOB gasoline prices rose by 2.92¢/USG to $1.6625/USG.
Nymex crude prices have lost more than 10pc since the start of the month, attracting some buyers back into the market. Oil prices fell yesterday as US distillates stocks rose more than expected, while distillates demand slipped.
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