Brent crude rises before inventories report

Source: Bloomberg
The European benchmark Brent crude advanced on Wednesday trading session amid speculation that tomorrow's report may show inventories increased for the eight straight week after adding 800,000 barrels last week signaling that the oil market is well-supplied. Brent expiring tomorrow rose 24 cents to $106.05 a barrel on the London's ICE Futures Europe exchange.

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Wed, 13 Nov 2013 10:22:05 GMT

Euro drops before report on factory output

The Euro stops its three-day winning streak against the Japanese Yen, before the European Union's statistics office report on factory output and growth. It is forecasted that the factory production in the Eurozone is going to decrease 0.3% and the economy will expand only 0.1% in September, thus adding bets that the European Central Bank is going to carry out

Wed, 13 Nov 2013 10:00:12 GMT

WTI drops before report showing higher stockpiles in U.S.

West Texas Intermediate crude fluctuated on Wednesday traded close to the lowest level in a five-month period before a government report showed that stockpile in the U.S. accelerated to the highest level since June. December WTI futures traded 8 cents higher at $93.12 a barrel on the NYMEX as of 2:07 p.m. in Singapore, while the prices dropped $2.10 to

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