Singapore markets open in 4 hours 20 minutes


NY Mercantile - NY Mercantile Delayed Price. Currency in USD
Add to watchlist
1.4238+0.0154 (+1.09%)
As of 03:28PM EDT. Market open.
Full screen
Pre. SettlementN/A
Settlement dateN/A
Last price1.4084
Day's rangeN/A - N/A

    Oil down 4% in biggest loss since June; Gasoline stock build hijacks OPEC show

    Crude prices fell more than 4% a barrel on Wednesday, a drop that if maintained to the day’s settlement, would account for the biggest one-day sell-off since June. New York-traded West Texas Intermediate, or WTI, crude for delivery in November traded was down $3.84, or 4.3%, at $85.39 per barrel by 12:17 ET (16:17 GMT). “Sustainability below $88.50 will favor an extended correction in WTI towards $84.25,” said Sunil Kumar Dixit, chief technical strategist at


    US gasoline stocks up 6.5M barrels last week, crude down a third of that - EIA

    US stockpiles of gasoline jumped almost 6.5 million barrels last week, the biggest build in nearly two years, a government report showed on Wednesday, as refiners optimized processing of oil to capitalize on still-good profit margins despite waning seasonal demand for fuels. Inventories of crude oil, meanwhile, fell by just a third during the week ended Sept 29 -- amid the first rise in two months in volumes at the Cushing, Oklahoma hub that serves as a central delivery and storage point for U.S. crude, according to the Weekly Petroleum Status Report of the U.S. Energy Information Administration, or EIA. Crude inventories overall fell by 2.224M barrels last week, registering a third straight week of draws that kept up with the prior week’s drop of 2.17M.


    US crude stocks down 4.2M barrels; Gasoline up 3.9M, Cushing builds too - API

    US crude oil stockpiles possibly fell as much as 4.0 million barrels last week while inventories of gasoline likely rose by an almost similar level of 3.9 million, as refiners appeared to maximize fuel production due to lucrative returns, petroleum trade group API reported Tuesday. Builds were also seen in distillates — a feedstock for diesel and heating fuel — which were delivering some of the highest refining profit margins, known as “cracks”, now due to supply shortages, the weekly inventory report from the American Petroleum Institute showed. “To give an idea of what cracks are worth now, the one for New York ULSD, which is representative of diesel, is at around $45 a barrel prompt,” said John Kilduff, partner at New York energy hedge fund Again Capital.