WTI falls from highest closing price this month

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Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude declined on Tuesday falling from the highest level recorded this month on speculation that inventories in the world's largest consumer, U.S., advanced to the strongest level since June. December WTI futures slipped 34 cents to $94.80 a barrel on the NYMEX while the prices were at $98.84 as of 12:56 p.m. in Sydney.

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Tue, 12 Nov 2013 09:18:21 GMT

Brent falls as crude inventories record highest level since June 21

The European benchmark Brent crude slipped on Tuesday after a report showed that crude stockpiles advanced to 385.9 million barrels a week, the most since June 21, while gasoline inventories dipped by 500,000 barrels recording the fifth weekly drop. December Brent futures traded 28 cents lower at $106.12 a barrel on the London's ICE Futures Europe exchange.

Tue, 12 Nov 2013 08:56:04 GMT

Emerging-market equities fluctuate as Samsung rallies

Emerging-market shares swung between gains and losses on Tuesday as technology stocks advanced for the first time in a seven-day period led by Samsung Electronics Co. and as energy producers and phone companies tumbled. The MSCI Emerging Markets Index fluctuated at 992.77 by 12:50 p.m. Hong Kong time and it has fallen 5.8% this year.

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