Brent rises as inventories in U.S. fall

Source: Bloomberg
The European benchmark Brent crude increased on Wednesday after an industry report revealed that crude stockpiles in the world's largest oil consumer, U.S., decreased to 377.8 million barrels in the week ended November 29. Brent for settlement in January gained 40 cents or 0.4% to $113.02 a barrel on the London's ICE Futures Europe Exchange.

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Wed, 04 Dec 2013 11:41:04 GMT

Euro gains before ECB meeting

The European currency strengthened on Wednesday rising to the highest level in one month before a meeting of the European Central Bank's officials expected to maintain the benchmark interest rates unchanged. The 17-nation bloc currency fluctuated at $1.3578 by 7:09 a.m. London time following an increase to $1.3622 on November 29, the most since October 31.

Wed, 04 Dec 2013 11:19:04 GMT

WTI rises as TransCanada Corp starts pipeline next month

West Texas Intermediate crude increased on Wednesday rising for the fourth straight session recording the longest streak of gains since August after TransCanada Corp. revealed its plan to start the Keystone XL pipeline in January and as data showed inventories in the U.S. dropped. WTI for delivery in January slipped $1.35 to a level of $97.39 a barrel on the

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