Thu, 23 Jan 2014 11:27:04 GMT
Brent falls as inventories rise in U.S.
The European benchmark Brent crude decreased on Thursday session with the Brent-WTI premium shrinking from $11.54 to $11.32 today after a report showed that crude stockpiles in the U.S., the world's largest oil consumer, accelerated by 4.86 million barrels last week. Brent for March delivery slid 32 cents to $107.95 per barrel on the London's ICE Futures Europe exchange.