WTI drops as stockpiles seem high

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Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude slipped on Monday and traded close to a four-month low after it declined 3.3% last week recording the largest drop since June on concerns that stockpiles on the world's largest consumer, U.S., are sufficient. WTI for delivery in December fell 0.5% to $106.39 a barrel on London's ICE Futures Europe Exchange.

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Mon, 04 Nov 2013 08:41:03 GMT

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