Wednesday, 28 December 2016

Crude oil price

 Comex Signals Malaysia

KUALA LUMPUR: The ringgit opened imperceptibly bring down against the greenback today, on the back of weaker unrefined petroleum costs in early exchange, said merchants. At 9am, the neighborhood unit slid to 4.4780/4820 against the US dollar from Monday's end of 4.4760/4810.

 A merchant said the benchmark Brent Crude oil cost had a slight descending direction at US$55.93 per barrel, while West Texas Intermediate was lower at US$53.76 per barrel. On the momentum condition of unrefined petroleum costs, RHB Research said in a note brokers were provoked to keep up long positions, as market quality stayed empowering. The ringgit exchanged blended against other significant monetary standards. It deteriorated against the Singapore dollar to 3.0904/0949 from Monday's 3.0895/0946, fortified against the yen to 3.8062/8112 from 3.8168/8214 and declined against the British pound to 5.5017/5079 from 5.4921/4995. In any case, the neighborhood note trimmed versus the euro to 4.6853/6900 from 4.6770/6831. - BERNAMA

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