Oil trades at one-week high, U.S. stockpiles declined for the first time this year

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Source: Bloomberg
WTI traded near one-week high after a second consecutive day of increase. According to the American Petroleum Institute, U.S. crude stockpiles fell for the first time this year. Crude for March settlement was at $97.60 a barrel, after rising 48 cents to $97.51 a day earlier, the highest close since February 1. Brent for March delivery fell 5 cents to $118.61 a barrel.
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Wed, 13 Feb 2013 10:43:04 GMT

Indian equity gains the most in three weeks

The BSE India Sensitive Index, also known as Sensex, was higher by 0.8% to 19,711.35 points in early Indian trading session on Wednesday. The index made the best performance since January 25, 2013. Investors were positive about Tata Motors announcement that Jaguar and Land Rover sales increased by 32%. Also, the central bank releases inflation data tomorrow, which is expected

Wed, 13 Feb 2013 07:43:03 GMT

Asian stocks rise on earnings from Commonwealth Bank of Australia and Leighton Holdings

Asian benchmark index traded at the highest level in 18 months as earning from Leighton Holdings Ltd. And Commonwealth Bank of Australia boosted investors' optimism. The MSCI Asia Pacific Index rose less than 0.1% to 133.49 at 3:23 p.m. in Tokyo. Japan's Nikkei 225 Stock Average fell 1%, while Australia's S&P/ASX 200 Index added 0.9%.

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