Brent advances as stockpiles fall in last 4 weeks

Note: This section contains information in English only.
Source: Bloomberg
The European benchmark Brent crude traded in London climbed on Tuesday increasing the Brent-WTI premium from $11.97 to $12.01 on today's session after the EIA report showed that inventories fell 6.1% by 23.8 million barrels in the last four weeks and refiners' capacity was used on 92.7%. Brent for February delivery jumped 16 cents to $111.37 per barrel on the ICE Futures Europe exchange.

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Tue, 31 Dec 2013 10:09:08 GMT

Natural gas fluctuates on speculation demand may rise

Natural gas futures swung between gains and drops on Tuesday trading session and were set to record the largest annual advance in an eight-year period amid speculation that heating fuel demand may be boosted by cold weather at the beginning of 2014. Natural gas for delivery in February traded at $4.415 a million British thermal units on the NYMEX.

Tue, 31 Dec 2013 09:27:03 GMT

WTI records its 4th annual gain in 5 years

West Texas Intermediate crude slightly increased on Tuesday and it was set to record its fourth yearly advance in a five-year period on speculation that inventories in the U.S., the world's largest consumer of the commodity, declined for the fifth successive week. WTI for delivery in February traded 7 cents higher at $99.36 per barrel on the NYMEX.

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