NYMEX oil moves lower on mixed messages

摘要

New York—Crude futures settled moderately higher August 1 as opposing forces kept futures in a tight range following a decline in US petroleum stocks, while the US Federal Reserve offered no new stimulus after weeks of buildup by some optimistic investors. NYMEX September crude futures settled 85 cents higher at $88.91/b, while ICE September Brent settled $1.04 higher at $105.96/b.