Brent falls on higher inventories in U.S.

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Source: Bloomberg
]The European benchmark Brent crude fell on Tuesday trading session as shipments from the Libyan oil field continued after it was taken away from rebels and as inventories in the U.S. advanced last week. Brent for delivery in May lost as much as 64 cents to $108.43 per barrel on the London's ICE Futures Europe exchange.

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Wed, 16 Apr 2014 08:03:04 GMT

New Zealand Dollar indicates biggest advance vulnerable

The advance in the New Zealand Dollar versus the U.S. counterpart to its strongest level in almost three years might lose its gains. The Kiwi reached 87.46 U.S. cents on April, making it the strongest level since August 2011. New Zealand's currency dropped 0.3% to 86.17 cent as of 11:27 a.m. Wellington time, the currency slipped after consumer prices data

Tue, 15 Apr 2014 16:42:05 GMT

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West Texas Intermediate crude dropped on Tuesday falling from the weakest level in a five-week period on speculation that inventories in the U.S., the world's largest oil consumer, increased last week and as manufacturing activity eased last month. WTI for settlement in May as much as $0.54 to $103.60 per barrel as of 9:55 a.m. on the NYMEX.

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