Thu, 14 Mar 2013 16:08:06 GMT
Oil drops on growing supplies
On Thursday, crude oil was experiencing a two-day long streak of losses, following the announcement of increase in inventories. On the NYMEX, WTI futures for April delivery lost 0.6% and were traded at $92.01 by 12:42 p.m. in London. April Brent futures, on the contrary, inched up by 0.6% for the day.