WTI falls as inventories increase

Source: Bloomberg
© Scanpix/RS
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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