Futures prices were mixed in the week to June 3, with US crude and RBOB prices falling and UK crude and gas oil and US heating oil prices increasing. Volatile trade characterized the market at the end of the week, although weakness in the US dollar and violence in the Middle East helped limit losses on US crude. US West Texas Intermediate (WTI) crude futures slipped at mid-week as disappointing data on US private-sector employment and European and Chinese manufacturing underlined concerns that slowing economic growth will pressure down oil consumption.
展开▼