Brent falls before tomorrow's EIA report

Source: Bloomberg
The European benchmark Brent crude slightly dropped on Tuesday trading session before an industry report showed that crude supplies accelerated by 2.5 million barrels in the week ended on March 21, the Bloomberg survey signaled today. Brent with settlement in May lost 19 cents to $106.62 per barrel on the London's ICE Futures Europe exchange.

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Tue, 25 Mar 2014 15:19:30 GMT

Euro drops since German confidence declines

The Euro depreciated for the first time during three days versus the Dollar since the business confidence in Germany declined, curbing demand for the common currency. The Euro weakened against the majority of its 16 major counterparts and fell 0.4% to $1.3790 as of 9:13 a.m. in New York after gaining 0.4% during the preceding two days. The Euro also declined 0.2% to

Tue, 25 Mar 2014 11:20:09 GMT

WTI falls on concerns inventories in U.S. gain

West Texas Intermediate crude declined on Tuesday falling for the first session in three days on speculation that stockpiles in the U.S., the world's largest oil consumer, increased for the 10th consecutive week. WTI for delivery in May slipped 34 cents to $99.26 per barrel on the NYMEX and was last seen at $99.45 as of 3:05 p.m. in Singapore.

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