WTI falls on speculation over rising stockpiles

Source: Bloomberg
West Texas Intermediate crude slipped on Tuesday after rising yesterday amid raising speculation that distillate and gasoline stockpiles in the U.S., the world's largest consumer of the commodity, advanced last week. WTI for settlement in January fell 25 cents to $97.23 a barrel on the NYMEX and traded at $97.36 as of 2:30 p.m. in Singapore.

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