Brent gains as inventories in U.S. rise

Source: Bloomberg
The European benchmark Brent crude advanced on Tuesday trading session amid speculation that stockpiles in the U.S. probably gained by 300,000 barrels in the week ended on May 16, while distillate inventories rose by 1 million barrels. Brent for delivery in June added $0.29 to $108.70 per barrel on the London's ICE Futures Europe exchange.

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Tue, 13 May 2014 17:02:03 GMT

Emerging-market shares gain led by Russian and Indian stocks

Emerging-market stocks increased on Tuesday session heading towards the strongest level in a six-year period as Indian shares gained after exit polls in the country showed a win of opposition bloc and as Russian shares gained for fifth successive day. The MSCI Emerging Markets Index surged 0.7% to 1,022.81 by 3 p.m. London time.

Tue, 13 May 2014 16:40:03 GMT

WTI climbs on higher stockpiles in U.S.

West Texas Intermediate crude jumped on Tuesday trading session rising to the strongest intraday level in a two-week period on speculation that inventories in the U.S., the world's largest oil user, dropped. WTI for settlement in June advanced to a level of $101.44 per barrel on the NYMEX and was last seen at $101.26 by 1:02 p.m. in London.

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