Singapore, 1 February (Argus) — Nymex crude prices fell in today's after-hours trade amid weaker equities markets and a stronger US dollar.
At 08:30 GMT the front-month Nymex March WTI crude contract was at $72.76/bl, lower by 13¢/bl from its close at the end of last week when the contract ended 75¢/bl lower.
The Ice March Brent crude contract fell by 14¢/bl to $71.32/bl.
Nymex March heating oil fell by 0.13¢/USG to $1.9117/USG, while Nymex March RBOB gasoline fell by 0.67¢/USG to $1.9067/USG.
Oil prices were pulled lower as the US dollar strengthened on the back of GDP data that showed US economic growth of 5.7pc in the fourth quarter.
Continued concerns about oil demand, and high US products' inventories, are also weighing on prices.
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