Brent crude falls as stockpiles drop more than forecast

Source: Bloomberg
European benchmark Brent crude decreased on Thursday after a government report showed that inventories in the world's largest producer slipped last week by 345,000 barrels compared to an estimated level of 300,000. Brent for settlement in January slid 44 cents to $107.62 a barrel on the London's ICE Futures Europe Exchange.

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Thu, 21 Nov 2013 14:00:06 GMT

Pound fluctuates as U.K. deficit narrows in October

The British Sterling swung between gains and losses on Thursday versus its U.S. counterpart and the 17-nation bloc currency before a report showed that the U.K. budget deficit narrowed in the month of October. The Pound increased to $1.6178, the most since October 28, and traded at $1.6097 by 7:48 a.m. in London, while it fell to 83.43 pence per

Thu, 21 Nov 2013 13:38:42 GMT

WTI falls for second day as inventories rise 9th week

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

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