Brent gains as tension in Ukraine's Crimea eases

Source: Bloomberg
The European benchmark Brent crude slightly increased on Thursday trading session after a conflict between Russia and Ukraine eased and as an industry report showed that demand for gasoline slipped 1.5% to 8.41 million barrels per day. Brent for delivery in April gained 6 cents to $107.82 per barrel on the London's ICE Futures Europe exchange.

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Fri, 07 Mar 2014 14:47:40 GMT

Aussie near three-month high after Stevens' comments

The Australian Dollar advanced against greenback and is near its highest level in three months, after the Governor of Reserve Bank of Australia Glenn Stevens announced that monetary policy is well configured, and stable interest rate is needed in order to aid businesses. The Aussie has surged 1.8% this month, while in February Australia's currency jumped 1.9%. 

Thu, 06 Mar 2014 17:37:12 GMT

WTI falls as inventories increase

West Texas Intermediate oil declined on Thursday session falling for the third consecutive day after a report showed that inventories in the U.S. advanced and as concerns over geopolitical tension between Ukraine and Russian Federation cooled down. WTI for April settlement slipped as much 51 cents to $100.94 per barrel as of 9:38 a.m. on the NYMEX.

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