WTI falls for second day as inventories rise 9th week

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Source: Bloomberg
West Texas Intermediate crude declined on Thursday falling for the second successive session as traders weighed a possible monetary easing scale back after the Fed signalled so in the last meeting's minutes released today and as inventories advanced for ninth straight week. WTI for delivery in January fell 45 cents to $93.40 a barrel on the NYMEX and it traded at $93.70 a barrel as of 3:50 p.m. in Singapore.

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Thu, 21 Nov 2013 13:49:10 GMT

Brent crude falls as stockpiles drop more than forecast

European benchmark Brent crude decreased on Thursday after a government report showed that inventories in the world's largest producer slipped last week by 345,000 barrels compared to an estimated level of 300,000. Brent for settlement in January slid 44 cents to $107.62 a barrel on the London's ICE Futures Europe Exchange.

Thu, 21 Nov 2013 13:27:04 GMT

Treasuries rise as Fed may scale back soon

U.S. Treasuries jumped on Thursday rising to the strongest level in more than a three-year period against the Group of Seven bonds after the Federal Reserve representatives signalled that the loose monetary policy may be tightened on one of the next meeting. The benchmark 10-year yields fluctuated at 2.79% by 7 a.m. London time.

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