Fri, 27 Jan 2012 14:34:06 GMT
Energy flat; natural gas lower despite drop in inventories
Energy commodities were almost flat on Thursday. Crude oil inched up 0.3% on the broadly softer US Dollar. However, slowdown in the US demand restrained price jump, keeping it below USD 100 per barrel. Meanwhile, Brent oil awaits fresh stimulus from developments across Iranian oil embargo. The oil shortage is likely to be offset by increased exports from Saudi Arabia