WTI rises on higher stockpiles

Source: Bloomberg
West Texas Intermediate crude advanced on Monday adding to earlier gains after an industry report showed that stockpiles in the world's largest oil consumer, U.S., increased last week overshadowing continued geopolitical crisis in Ukraine. WTI for delivery in June rose 0.3% to $100.06 per barrel on the NYMEX following a jump by 68 cents earlier on the session.

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Mon, 05 May 2014 16:16:06 GMT

Treasuries gain on weaker China's PMI

U.S. Treasuries advanced on Monday pushing the benchmark 10-year yields towards the weakest level in a three-month period after a report showed that manufacturing sector in China fell more than economists originally expected last month. The U.S. 10-year yields dropped 0.01% to 2.57% as of 6:30 a.m. in New York.

Mon, 05 May 2014 15:54:07 GMT

Brent falls as China's manufacturing sector weakens

The European benchmark Brent crude declined on Monday trading session after an industry report showed that the world's second largest economy manufacturing sector weakened in April and as inventories in the U.S. increased last week. Brent for settlement in June slipped as much as $0.40 to $108.28 per barrel on the London's ICE Futures Europe exchange by 1:44 p.m.

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