Singapore, 19 February (Argus) — Nymex crude prices fell in today's after-hours trade on the back of a stronger US dollar.
At 08:30 GMT the front-month Nymex March WTI crude contract was at $77.81/bl, falling by $1.25/bl from its close yesterday when the contract ended $1.73/bl higher.
Ice April Brent crude fell by $1.25/bl to $76.53/bl.
Nymex March heating oil fell by 3.19¢/USG to $2.0197/USG, while Nymex March RBOB gasoline fell by 3.41¢/USG to $2.0351/USG.
The US dollar firmed as the US Federal Reserve raised the interest rate it charges banks for emergency loans, citing improved financial conditions.
Crude prices rose yesterday as US EIA data showed a 700,000 bl decline in crude stocks at the Nymex WTI delivery point at Cushing, Oklahoma.
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