Singapore, 3 February (Argus) — Nymex crude futures rose in today's after-hours trade, lifted by stronger equities markets and a weaker US dollar.
At 08:30 GMT the front-month Nymex March WTI crude contract was at $77.54/bl, rising by 31¢/bl from its close yesterday when the contract ended $2.80/bl higher.
The Ice March Brent crude contract rose by 34¢/bl to $76.40/bl.
Nymex March heating oil rose by 1.50¢/USG to $2.0467/USG, while Nymex March RBOB gasoline rose by 2.28¢/USG to $2.0407/USG.
Oil prices were higher yesterday as the market continued to react bullishly to signs of US economic growth. The market will watch for short-term price direction from US EIA stocks data that will be released later today.
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