28 May 2013 15:04 [Source: ICIS news]
LONDON (ICIS)--Crude oil futures extended gains on Tuesday amid surging European stock markets.
By 13:30 GMT, the front-month July ICE Brent contract had risen steeply to $104.69/bbl, a gain of $2.07/bbl compared with the previous settlement. The contract then edged lower to trade around $104.55/bbl.
At the same time, the front-month July NYMEX WTI contract was trading around $95.75/bbl, having touched an intra-day high earlier at $95.92/bbl, a gain of $1.77/bbl compared with the previous settlement.Crude oil futures continued to make gains on Tuesday, attributed to a rise in seen in stock markets around the globe. Stock markets in the Asia-Pacific region mostly settled in positive territory on Tuesday and European stocks have made substantial gains during the day's trade.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections