Singapore, 12 November (Argus) — Nymex crude futures were largely unchanged in today's after-hours trade ahead of weekly US EIA stocks data.
At 08:30 GMT the front-month Nymex December WTI crude contract was at $79.23/bl, lower by 5¢/bl from its close yesterday when the contract ended 23¢/bl higher.
The front-month Ice December Brent crude contract was unchanged at $77.95/bl.
Nymex December heating oil fell by 0.50¢/USG to $2.0508/USG, while Nymex December RBOB gasoline fell by 0.22¢/USG to $1.9949/USG.
Oil prices were supported as Opec raised its global demand forecast yesterday, but prices have struggled to stay above $80/bl as supplies remain high.
EIA data, due out later today, are expected to show a small rise in US crude stocks. American Petroleum Institute data earlier in the week showed a rise of 1.22mn bl in crude stocks.
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