WTI trades near one-month high

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Source: Bloomberg
© Scanpix/FP
West Texas Intermediate oil swung between gains and losses on Monday and was traded close to its highest level in a month amid speculation that oil flows from the Middles East will not be affected by air strikes in Syria. June WTI futures slid by 1 cent to $95.60 a barrel as of 11:13 a.m. on the NYMEX after they closed at $95.61 on May 3, the highest since April 2.

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Tue, 07 May 2013 05:21:06 GMT

Brazil service sector rises amid new orders in April

Service sector in Brazil accelerated at a faster rate in March than the month before as new orders were pushed by strong demand in the export market and the domestic market, the latest data released by the Markit Economics and HSBC Bank showed on Monday. The service sector purchasing managers' index gained from 50.3 in March to 51.3 in April.

Tue, 07 May 2013 05:10:04 GMT

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