WTI rises before report shows drop in stockpiles

Source: Bloomberg
West Texas Intermediate crude increased on Wednesday trading session before a government report showed that stockpiles in the world's largest consumer, U.S., decreased for the seventh straight week. WTI for settlement in April jumped 76 cents to $102.59 per barrel on the NYMEX and was last seen at $102.34 by 1:17 p.m. in London.

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Wed, 26 Feb 2014 15:36:20 GMT

Brent slips before inventory report

The European benchmark Brent crude decreased on Wednesday trading session with the WTI-Brent discount shrinking to the narrowest level since October before a report showed that inventories in the U.S. dropped for the 7th week. Brent for settlement in April lost 13 cents and was last traded at $109.38 on the London's ICE Futures Europe exchange.

Wed, 26 Feb 2014 15:35:39 GMT

Emerging-market stocks gain led by technology sector

Emerging-market equities increased on Wednesday trading session after Hong Kong shares ended their six-day losing streak as the advance was led by technology companies rising towards their record highs. The MSCI Emerging Markets Index added 0.3% to 958.78 as of 11:45 a.m. London time, while the Hang Send China Enterprises gauge jumped 0.7%.

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