WTI declines as gasoline supplies expand

Source: Bloomberg
© Scanpix/AP
The Texas light sweet slid for a second day with fuel inventories increasing in the US. As 3.6 million barrels of gasoline were added to the inventories last week the September futures lost 60 cents and the WTI traded at $101.79 a barrel on NYMEX. Simultaneously, Brent for delivery the same month rose by six cents to $107.39 a barrel in London.
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