Oil prices decline amid unexpected gain in weekly supply

Source: Marketwatch
© Scanpix\AP
U.S. crude-oil future prices fell on Wednesday, after a surprising weekly climb in oil supply underlined concerns about high inventory levels. The July crude oil contracts declined to $94.77 a barrel. Investors already had concerns about large crude supplies, adding to signs the total U.S. oil supplies were at 397.6 million barrels last week, the highest level since the beginning of collecting data. 
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Wed, 12 Jun 2013 14:00:42 GMT

Sterling rises after U.K. jobless claims drop more than predicted

The Sterling advanced for the second day against the 17-nation currency, touching the highest level in over three weeks, as data indicated U.K. jobless claims declined more than economists predicted in May. The Pound appreciated versus most of its 16 major counterparts after unemployment fell more-than-expected in April. The U.K. currency climbed 0.1% to 1.5661 against the U.S. Dollar. And

Wed, 12 Jun 2013 14:48:06 GMT

Eurozone Industrial production advances in April

Euro block industrial output gained 0.4% in April, mainly on higher capital goods production and non-durable consumer goods. Industrial production was predicted to remain steady following a gain of 0.9% in March. Capital goods output rose 2.7% and non-durable consumer goods climbed 0.7%. Annual industrial output declined 0.6%, however less than 1.4% fall in March.

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