Brent falls narrowing WTI-Brent spread first time in six days

Source: Bloomberg
European benchmark Brent crude declined on Monday narrowing the WTI-Brent spread for the first time in a six-day period after the biggest producer of the OPEC, Saudi Arabia, exported 10.12 million barrels of the oil per day in September. Brent for January delivery slipped 44 cents to $108.06 a barrel on the London's ICE Futures Exchange, while the WTI-Brent spread shrank to $14.01.

Back to articles

Actual Topics

Mon, 18 Nov 2013 11:18:08 GMT

Corn falls as U.S. government sets new requirements for renewable fuels

Corn declined on Monday falling to the weakest level in a week after a demand for biofuels-producing crops was reduced as the U.S. government proposed changed requirements in amounts of renewable fuels such as biodiesel and corn ethanol. Corn for delivery in March fell 0.8% to $4.2725 a bushel on the CBOT, the lowest since November 11.

Mon, 18 Nov 2013 10:56:05 GMT

WTI falls most in 15 years as Saudi Arabia increases exports

West Texas Intermediate crude decreased on Monday extending its longest losing streak in almost fifteen years after a report showed that Saudi Arabia increased its oil exports the most in eight years. WTI for delivery in December slid 46 cents to $9.38 a barrel on the NYMEX and traded at $93.52 as of 3:45 p.m. in Singapore, after it jumped

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.