WTI falls first time in 6 days on Pegasus pipeline closure

Source: Bloomberg
West Texas Intermediate oil declined for the first time in a six-day period on Monday amid speculation that inventories in the U.S. might increase after Exxon Mobile Corporation closed the Pegasus pipeline. May WTI futures decreased by 77 cents, or 0.8%, to $96.46 a barrel on the NYMEX after the contract rose to its highest since February 14 at $97.23 on March 28.

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Tue, 02 Apr 2013 05:12:00 GMT

Natural gas swings between gains and losses amid milder weather

Natural gas traded in New York swung between gains and drops on Monday amid expectations that above-normal temperatures forecast from April 6 until April 15 in the U.S. will weaken demand for heating fuels. Natural gas for delivery in May advanced by 0.1% to $1.025 per million British thermal units on the NYMEX and the futures have gained 20% this

Mon, 01 Apr 2013 11:19:07 GMT

Indonesian shares to climb 17% this year: Manulife Indonesia

Indonesian shares are set to reach their strongest level in a three-year period as local consumption leads the fastest economic growth in among Asian countries after China, PT Manulife Aset Manajemen Indonesia mutual fund said last week. Indonesian benchmark Jakarta Composite Index will likely to advance 17% this year, while it has reached 14% in the Q1 of 2013.

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