WTI rises amid speculation over falling U.S. supplies

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Source: Bloomberg
West Texas Intermediate oil rose on Tuesday rebounding from the steepest fall in a week on concerns that crude supplies dropped for the first time in a two-month period in the world's largest consumer of the commodity, U.S. WTI for delivery in January advanced 51 cents to $94.6 a barrel on the NYMEX and it traded at $94.52 as of 2:30 p.m. in Singapore.

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Tue, 26 Nov 2013 10:07:08 GMT

Brent slips on Iran's deal

European benchmark Brent crude recorded a slight drop on Tuesday after falling 2.7% yesterday during intraday trading after the world powers and Iran decided to still hold about 1 million barrels a day as a remaining sanction for the country. Brent for settlement in January dipped 13 cents to $110.87 a barrel on the London's ICE Futures Exchange.

Tue, 26 Nov 2013 09:45:03 GMT

Treasuries rise as 5-year notes climb to highest since June

U.S. Treasuries increased on Tuesday with the 5-year securities reaching the highest level since June before an auction totalling $35 billion of 2018 notes today. The benchmark 10-year government bonds were little changed yielding at 2.73% by 6:51 a.m. London time, while the 5-year Treasuries fluctuated at 1.34%, 1.04% more than investors get from 2-year securities.

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