WTI falls on high U.S. stockpiles

Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude dropped on Wednesday trading session and it headed for the largest monthly drop since November 2013 amid speculation that inventories in the U.S., the world's biggest consumer, advanced to more than 83-year high. WTI for settlement in June lost $1.27 to $100.01 per barrel on the NYMEX and was last seen at $100.10 by 12:23 p.m. in London.
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