Oil futures slide ahead of ECB data

Note: This section contains information in English only.
Source: Investing.com
On Thursday crude oil futures slumped ahead of the conclusion of the ECB's meeting. WTI oil for March delivery lost 53 cents and traded at $47.25 per barrel, compared to $47.78 per barrel on the previous day. Brent crude futures for March delivery also declined, losing 29 cents and settling at $48.74 per barrel. According to expectation's, the US report on Thursday should show an increase in oil stockpiles, predicting a rise of 2.6 million barrels last week amid US pumping oil at the highest rate in 30 years and creating a supply glut.


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Thu, 22 Jan 2015 11:04:04 GMT

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