This Week’s Market Buzz
Published: Wednesday, 23 March 2016 10:21
- Light, sweet crude for May delivery settled down 7 cents, or 0.2 percent, at $41.45 a barrel on the New York Mercantile Exchange. The May contract is the new front-month contract, and the settlement price is the highest front-month closing price since Dec. 1, 2015. Brent, the global benchmark, rose 25 cents, or 0.6 percent, to $41.79 a barrel on ICE Futures Europe, the highest settlement since Dec. 4, 2015.
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