WTI falls as inventories in U.S. advance last week

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Source: Bloomberg
West Texas Intermediate crude declined on Wednesday trading session falling from the strongest level in a four-week period after a report showed that inventories in the U.S., the world's largest consumer of oil, advanced last week. WTI for settlement in March slipped 40 cents to $97.01 per barrel on the NYMEX and was last seen at $97.07 as of 3:51 p.m. in Singapore.

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Wed, 29 Jan 2014 12:18:05 GMT

Unemployment in Hungary declines against expectations

The unemployment level in Hungary decreased unexpectedly, taking into account the average rate in October-December, while analysts predicted the jobless rate to climb. The unemployment rate fell to 9.1% from 9.3% in November and 9.8% a month before that. At the same time, among young people the jobless rate is 24.1%, however, it decreased from 24.7% a month ago.

Wed, 29 Jan 2014 11:46:07 GMT

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