WTI slips to 5-week low on high stockpiles in U.S.

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Source: Bloomberg
West Texas Intermediate crude dropped on Tuesday falling from the weakest level in a five-week period on speculation that inventories in the U.S., the world's largest oil consumer, increased last week and as manufacturing activity eased last month. WTI for settlement in May as much as $0.54 to $103.60 per barrel as of 9:55 a.m. on the NYMEX.

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Tue, 15 Apr 2014 16:53:06 GMT

Brent falls on higher inventories in U.S.

]The European benchmark Brent crude fell on Tuesday trading session as shipments from the Libyan oil field continued after it was taken away from rebels and as inventories in the U.S. advanced last week. Brent for delivery in May lost as much as 64 cents to $108.43 per barrel on the London's ICE Futures Europe exchange.

Tue, 15 Apr 2014 16:31:04 GMT

Eurozone's trade surplus rises from a year ago in February

Foreign trade balance in the 18-nation bloc came in a surplus in February and exceeding last year's figures, the latest date released by the statistical office Eurostat showed on Tuesday. According to the report, the Eurozone's trade surplus recorded 13.6 billion euros in February from a year ago when it reached a level of 9.8 billion euros.

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