WTI rises as tension in Ukraine eases

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Source: Bloomberg
West Texas Intermediate oil advanced on Monday session and traded close to its strongest level in a three-week period amid speculation that the geopolitical tension in the Ukraine's Crimea eased over the last few days. WTI for settlement in May slipped as much as 36 cents to $101.31 per barrel on the NYMEX as of 12:39 p.m. in London.

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Mon, 31 Mar 2014 16:06:09 GMT

Brent falls as Libyan strikes continue

The European benchmark Brent crude declined on Monday trading session falling for the third week after a report showed that oil output in African Libya recorded 170,000 barrels per day and strikes in the Elephant field continue. Brent for delivery in May lost as much as 24 cents to $107.81 per barrel on the London's ICE Futures Europe exchange.

Mon, 31 Mar 2014 15:44:05 GMT

Treasuries fall before this week's economic data

U.S. Treasuries dropped on Monday trading session extending a monthly drop on speculation that this week's report may signal than the world's largest economy may have improved reducing demand for safe-haven government bonds. The benchmark 10-year notes yielded four basis points higher at 2.76% by 10:21 a.m. New York time.

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