Crude oil continued to fall amid growing US stockpiles

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Source: Forexpros
Crude oil prices decreased during Asian trade on Thursday as US crude oil stockpiles indicated further increase in inventories. Moreover, ongoing concerns over the Euro Zone's debt crisis created additional pressure on the commodity. Light, sweet crude oil futures for  June delivery traded at 96.47 US Dollars per barrel on the New York Mercantile Exchange, declining by 0.36% from the last session's high of 96.56 US Dollars per barrel.


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Thu, 10 May 2012 07:02:09 GMT

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