WTI falls on concerns over high inventories in U.S.

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Source: Bloomberg
West Texas Intermediate crude declined on Tuesday trading session and was last traded near its weakest level in over three weeks on speculation that stockpiles in the U.S., the world's largest oil consumer, advanced. WTI for settlement in April added 13 cents to $101.25 per barrel on the NYMEX as of 3:45 p.m. in Singapore.

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Tue, 11 Mar 2014 08:18:41 GMT

Brent gains as EIA may report higher stockpiles

The European benchmark Brent crude slightly advanced on Tuesday trading session before the Energy Information Administration reported that inventories in the U.S., the world's biggest oil user, increased to the highest level in seven weeks. Brent for delivery in April added 5 cents to $108.13 per barrel on the London's ICE Futures Europe exchange.

Tue, 11 Mar 2014 08:18:13 GMT

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