WTI falls as recent gains were too rapid

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Source: Bloomberg
West Texas Intermediate oil slipped on Thursday trading session on concerns that recent rally towards the strongest level in nearly four months was too rapid according to a technical analysis. WTI for settlement in March fell 74 cents to $99.63 per barrel on the NYMEX and was last seen at $99.75 as of 3:30 p.m. in Singapore.

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Thu, 13 Feb 2014 08:37:30 GMT

Brent falls as Keystone pipeline begins to work

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Thu, 13 Feb 2014 16:54:37 GMT

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