WTI fluctuates after it falls first time in 4 days

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Source: Bloomberg
© Scanpix/AP
West Texas Intermediate oil swung between gain and losses on Wednesday after it recorded its first fall in four days yesterday as the U.S. report showed that stockpiles rose for the second straight week. June WTI futures were traded 12 cents higher at $95.75 a barrel on the NYMEX as of 1:02 p.m. in Singapore after they dropped 54 cents to $95.62 yesterday.

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Wed, 08 May 2013 06:58:08 GMT

China's stocks gain amid higher surplus in April

Chinese stocks increased on Wednesday led by consumer-discretionary companies and trainmakers after a data showed that imports in China rose by 16.8% in April and the country's trade balance came in a $18.3 billion surplus. The Shanghai composite Index fell 0.2% to 2,239.67 as of 1:08 p.m. local time, while the CSI 300 Index gained 0.3% to 2,537.44.

Tue, 07 May 2013 10:51:03 GMT

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