Singapore, 8 January (Argus) — Nymex crude futures were marginally lower in today's after-hours session amid a firmer US dollar and ahead of the release of a key US economic indicator.
At 08:30 GMT the front-month Nymex February WTI crude contract was at $82.47/bl, lower by 19¢/bl from its close yesterday when the contract ended 52¢/bl lower.
The Ice February Brent crude contract fell by 25¢/bl to $81.26/bl.
Nymex February heating oil fell by 0.19¢/USG to $2.1817/USG, while Nymex February RBOB gasoline rose by 0.06¢/USG to $2.1355/USG.
Nymex crude futures settled lower yesterday for the first time in 10 days, weighed down by higher US oil inventories, a stronger US dollar and concerns about China's decision to tighten its monetary policy.
The release of US jobs data later today may provide another gauge of the direction of the country's economic recovery.
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