Crude oil declines despite US demand hopes

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Source: Forexpros
Crude oil price dropped during Asian trade on Tuesday despite inspiring US manufacturing data release. Investors continued to worry about high crude oil inventory level in the US that is expected to rise further. Light, sweet crude oil futures for May delivery traded at 104.17 US Dollars per barrel on the New York Mercantile Exchange, decreasing by 0.28% from the last session's high.


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Tue, 03 Apr 2012 09:51:16 GMT

Spain unemployment climbed 0.8% in March

The jobless rate in Spain advanced by 0.8% or 38,769 in March reaching 4.75 million, government officials said on Tuesday. Annual unemployment level added 9.6% in March. In February Spain's jobless rate of 23.6% was the top level in the European Union. Spain currently works on massive reforms in its labour market. Economists expected the unemployment my surge even more before it

Tue, 03 Apr 2012 16:40:09 GMT

Australia's retail sales missed expectations in March

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