PETALING JAYA: Crude oil fell short of a fresh record high on the New York Mercantile Exchange (Nymex) yesterday as prices succumbed to light profit-taking amid concerns over the US weekly inventory data.
The light sweet crude September delivery eased 14 cents to US$78.07 a barrel from Tuesday, which saw the contract closing at US$78.21 – the highest closing price on record.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!