Quantum Commodity Intelligence – Crude oil futures were lower again on Thursday as markets continued to be gripped by the central bank’s tightening policy after crude oil benchmarks posted a third month of declines in August.
Front month November ICE Brent futures traded at $91.95/barrel (2000 GMT) compared to Wednesday’s settlement at $95.64/b.
At the same time, NYMEX WTI was trading at $86.28/b in October versus Wednesday’s close of $89.55/b.
Prices have fluctuated since the beginning of…