Heating oil offered support, gaining 1.8 per cent to US$1.2790 a gallon, and bolstering US cracking margins.
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Oil Price Keep Above $41
Oil prices rose slightly on Tuesday after weather in the US became colder
Oil prices rose slightly on Tuesday after weather in the US became colder, spurring heating oil buying.
US light crude futures rose 26 cents to $41.27 a barrel on the NYMEX. Brent futures rose 53 cents to $38.37 on the London?s IPE.
Heating oil offered support, gaining 1.8 per cent to US$1.2790 a gallon, and bolstering US cracking margins.
Heating oil offered support, gaining 1.8 per cent to US$1.2790 a gallon, and bolstering US cracking margins.
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