WTI slips on higher stockpiles in U.S.

Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude fell on Tuesday trading session dropping from the strongest level in a seven-week period as the WTI-Brent discount widened further after a report showed that inventories in the U.S. jumped last week. WTI for settlement in May expiring today lost as much as 1.5% to a level of $102.81 a barrel as of 10:28 a.m. on the NYMEX.

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