WTI falls as China's industrial output declined in December

Source: Bloomberg
West Texas Intermediate oil decreased on Monday falling from the strongest closing prices in a two-week period after government report unveiled that industrial production in China eased last month. WTI for settlement in February dropped 76 cents to a level of $93.61 per barrel on the NYMEX and was last seen at $93.74 as of 3:40 p.m. in Singapore.

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Mon, 20 Jan 2014 11:11:07 GMT

Brent falls as China's GDP eases in Q4

The European benchmark Brent crude lost on Monday trading session increasing the WTI-Brent premium from $11.89 recorded on January 17 to $12.42 today after a report showed that the world's second largest oil consumer, China, recorded slower economic growth in the Q4. Brent for settlement in March slipped 26 cents ti $106.22 per barrel on the London's ICE exchange.

Mon, 20 Jan 2014 10:49:04 GMT

European stocks fall as companies report quarterly earnings

Most of European shares fell on Monday trading session after the benchmark index Stoxx Europe 600 recorded a two-week rally rising towards the highest level in six years as Deutsche Bank AG and PSA Peugeot Citroen reported unfavourable quarterly results. The Stoxx Europe 600 Index lost as much as 0.1% to 335.44 as of 8:26 a.m. London time after surging

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