Crude oil increased despite elevated US inventories

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Source: Forexpros
Crude oil prices inched up during Asia session on Thursday, after losses caused by unexpected increase in the US crude oil stockpiles coupled with demand uncertainties from the indebted Euro Zone.  Light, sweet crude oil futures for June delivery traded at 103.25 US Dollars per barrel on the New York Mercantile Exchange as compared to the previous session's low of 103.15 US Dollars per barrel.
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Thu, 19 Apr 2012 08:46:13 GMT

Gold moves higher despite weak demand from Asia

Gold futures increased at the Asian trade on Thursday, erasing previous losses caused by speculation that in case Span's debt auction proves to be unsuccessful the US Dollar will catch momentum. Moreover, weak physical demand from Asian consumers has continued to limit the upswing of the yellow metal.  COMEX gold for delivery in June traded at 1,642.55 US Dollars per

Thu, 19 Apr 2012 08:24:13 GMT

US markets down on disappointing earnings

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