Crude futures slightly lower

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Source: WBP Online
Oil prices edged slightly lower on Thursday morning, as investors evaluated crude inventory data released on Wednesday. The US benchmark WTI futures slipped 0.5% to $44.94 a barrel, while the European Brent Crude lost 0.1% to $49.53 a barrel by 7:10 AM GMT. US Crude inventories saw a 4.4 million decline last week, while analysts had expected a decrease of just 1.4 million barrels.  
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Thu, 06 Aug 2015 08:07:10 GMT

Dollar weighs on gold prices

Bullion futures traded sideways on Thursday, after strong economic data from the US fuelled a Dollar rally and put pressure on the dollar-denominated commodities. The yellow metal traded flat at $1,085.8 an ounce by 7:20 AM GMT.the Greenback rallied after the Atlanta Fed's Chief, gave bullish comments about the likelihood of a rate hike in September, if strong inflation and

Wed, 05 Aug 2015 12:09:12 GMT

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