Brent falls as recent gains may be excessive

Source: Bloomberg
The European benchmark Brent crude dropped on Monday trading session falling for the second straight day on speculation that the recent rally lasting since this February may have been too rapid after tension between Russian and Ukraine escalated. The Brent for settlement in June slipped 54 cents to a level of $108.99 per barrel on the London's ICE Futures Europe exchange.

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Mon, 21 Apr 2014 09:47:03 GMT

WTI falls as Obama postpones ruling on Keystone pipeline

West Texas Intermediate crude decreased on Monday with the WTI-Brent spread narrowing to a level of $6.01 per barrel from Friday's level of $6.16 after the U.S. government decided to postpone the Keystone XL pipeline ruling to November. WTI for settlement in May expiring tomorrow slipped 32 cents to $103.98 per barrel on the NYMEX.

Mon, 21 Apr 2014 09:25:03 GMT

Treasuries gain as safe-haven demand rises on Ukraine shooting

U.S. Treasuries advanced earlier on Monday session with the benchmark 10-year government yields falling from the strongest level in a two-week period as demand for safe-haven assets increased amid continued shooting in Ukraine. The 10-year yields slipped three basis points to 2.70% by 4:01 p.m. Tokyo time after the yields jumped to 2.72% on April 17, the most in 2

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