Brent falls as inventories rise in U.S.

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Source: Bloomberg
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.

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Thu, 23 Jan 2014 14:13:03 GMT

Euro gains most in three months after manufacturing data

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