WTI heads for weekly loss as stockpiles at highest since 1931

Source: Bloomberg
West Texas Intermediate crude fluctuated on Friday session heading towards a weekly decrease with the WTI-Brent spread widening after an industry report showed that inventories in the world's largest oil consumer, U.S., gained to the highest level since 1931. WTI for settlement in June added as much as 3 cents to $101.97 per barrel on the NYMEX as of 12:14 p.m. in Seoul.

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Fri, 25 Apr 2014 10:43:04 GMT

Gold fluctuates as safe-haven demand rises on Ukraine

Gold futures were little changed on Friday staying above a level of 10-week low as demand for safer assets increased on rising geopolitical tension between the Russian Federation and Ukraine and as purchases from Chine advanced. Gold for settlement in April was last seen at $1,292.16 an ounce by 11:09 a.m. Singapore time following a gain to $1,293.36 recorded yesterday.

Fri, 25 Apr 2014 10:21:04 GMT

Yuan slips for 6th day on China's slowing growth

The Chinese currency weakened on Friday trading session falling for the sixth successive day and trading near the lowest level since December 2012 after a report showed that the country's growth eased last month and as current-account surplus narrowed in the Q1. The Yuan slipped 0.11% to 6.2557 a U.S. Dollar in Shanghai following a fall to 6.2565, the least

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