WTI falls for second day as inventories rise 9th week

Source: Bloomberg
West Texas Intermediate crude declined on Thursday falling for the second successive session as traders weighed a possible monetary easing scale back after the Fed signalled so in the last meeting's minutes released today and as inventories advanced for ninth straight week. WTI for delivery in January fell 45 cents to $93.40 a barrel on the NYMEX and it traded at $93.70 a barrel as of 3:50 p.m. in Singapore.

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