WTI near highest level in one week after U.S. crude supplies fall

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Source: Bloomberg
West Texas Intermediate climbed to the highest level in a week as U.S. crude stockpiles decreased to the lowest level since the beginning of the year. The August WTI contract declined 2 cents to $106.46 per barrel. The September Brent contract plummeted to $108.55 per barrel. Inventories declined by 6.9 million barrels to 367 million, continuing the longest run of falls this year.
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Thu, 18 Jul 2013 11:51:05 GMT

Gold gains slightly after Bernanke testimony

Gold was rising and falling in London after its biggest decline in approximately two weeks, as the Fed's Chairman Bernanke commented on the monetary stimulus. Bullion for immediate delivery rose 0.3% at $1,279.57 an ounce as of 10:15 a.m. London time after advancing 0.5% and dropping 0.1%. The Yellow metal for December delivery added 0.2% to $1,280.90 an ounce on

Thu, 18 Jul 2013 11:29:04 GMT

U.K. retail sales jump 0.2% in June

U.K. retail sales advanced moderately in the previous month, boosted by sales increase in department stores, which is the latest signal of economic recovery in the U.K. Retail sales advanced 0.2% on monthly basis and 2.2% on the annual basis. Both measures were moderately over Dow Jones forecast of 0.1% on monthly basis and 1.7% on the annual basis. 

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