Heating Oil Market Update

March heating oil HOH5, -0.57%  tacked on 7.5 cents, or 3.7%, to $2.104 a gallon. March gasoline RBH5, +0.17% jumped 9.9 cents, or 6.1%, to end at $1.719 a gallon.

Platinum Market Update

April platinum PLJ5, +0.66%  rose $6.20, or 0.5%, to $1,168.80 an ounce.

March palladium PAH5, +0.37%  gained $18.05, or 2.3%, to $808.05 an ounce.

 March copper HGH5, +0.34% added 1.6 cents, or 0.6%, to settle at $2.664 a pound.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my KLSE, KLSE exchange, KLSE Malaysia, KLSE stock Market, KLSE stock picks, KLSE Stock Recommendations, malaysia KLSE Stock market, Malaysia latest news update

Oil reclaims $50 level as heating oil, gasoline rally

Oil futures reclaimed the $50 level on Wednesday, taking their cue from a rally in heating oil and gasoline despite a U.S. government report showing that crude supplies rose for a seventh straight week.

Crude futures for delivery in April CLJ5, -0.90%  settled at $50.99 a barrel, up $1.71, or 3.5%. The April contract had posted declines in each of the last five trading sessions.

Brent crude for April delivery LCOJ5, -0.62%  on London’s ICE Futures exchange closed up $2.97, or 5.1%, to $61.63 a barrel.

Gold scores first price gain in four sessions

Gold futures scored their first gain in four sessions on Wednesday, buoyed by comments from Federal Reserve Chairwoman Janet Yellen, a weaker U.S. dollar and signs of rising demand from China.

Gold for April delivery GCJ5, +0.58%  rose $4.20, or 0.4%, to settle at $1,201.50 an ounce on Comex. March silver SIH5, +0.70%  tacked on 24.2 cents, or 1.5%, to end at $16.43 an ounce.

Current Market Update

Here are the latest trading levels for Asia's major stock markets: 

Tokyo (Nikkei Average NIK, +0.85% ) up 0.9% 

 Hong Kong (Hang Seng Index HSI, +0.79% ) up 0.8% 

 Shanghai (Shanghai Composite Index SHCOMP, +1.39% ) up 1.4% (at break) 

 Sydney (S&P/ASX 200 XJO, -0.72% ) down 0.6% 

 Seoul (Kospi SEU, -0.10% ) down 0.1% 

 Mumbai (Sensex 1, -0.25% ) down 0.1% 

 Taipei (Taiex Y9999, -0.66% ) down 0.7%