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

Gold falls amid investors booking profits before ECB meeting

On Thursday gold in the US declined due to investors booking profits ahead of the ECB meeting. Over the night from Wednesday gold remained above $1,300 level amid weak data on the US building permits, whereas housing starts met expectations and rose. Futures for February delivery dropped $7.60 and traded at $1,286.10 per troy ounce, compared to Wednesday's weekly high

Wed, 21 Jan 2015 21:50:04 GMT

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