WTI falls on high U.S. stockpiles

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Source: Bloomberg
West Texas Intermediate crude dropped on Wednesday trading session and it headed for the largest monthly drop since November 2013 amid speculation that inventories in the U.S., the world's biggest consumer, advanced to more than 83-year high. WTI for settlement in June lost $1.27 to $100.01 per barrel on the NYMEX and was last seen at $100.10 by 12:23 p.m. in London.
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Thu, 01 May 2014 05:26:04 GMT

Brent falls as Putin cautions against further sanctions

The European benchmark Brent crude slipped on Wednesday after the Russian Federation President Vladimir Putin cautioned against more sanctions on the country over Ukraine and as crude stockpiles in the U.S. expanded to the highest level in 83 years. Brent for delivery in June slid 77 cents to $108.21 on the London's ICE Futures Europe exchange.

Wed, 30 Apr 2014 16:20:05 GMT

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