WTI trades near lowest level in a week amid high inventories

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Source: Bloomberg
West Texas Intermediate oil fluctuated on Tuesday, while it was traded close to its weakest level in more than a week before a report showed that stockpiles in the U.S. increased to the highest level since 1931. June WTI futures were traded 12 cents higher at $95.29 a barrel on the NYMEX as of 3:38 p.m. in Singapore after they dropped 87 cents to the lowest since May 2 at $95.17 yesterday.

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Tue, 14 May 2013 13:29:07 GMT

Treasuries are little change on signs of less stimulus

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