Oil futures edged higher ahead of supply data

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Source: Marketwatch
Oil futures rose on Wednesday ahead of U.S. report release regarding weekly data of petroleum supplies. Crude oil for July delivery ticked higher 16 cents, a 0.2 per cent increase, to $83.48 a barrel in trading session of the New York Mercantile Exchange's Comex division.

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Wed, 13 Jun 2012 20:13:45 GMT

European stocks fell after U.S. data

European markets edged lower this Wednesday, after United States data release, which indicated a decline in the country's retail sales for the last two months. The Stoxx Europe 600 index lost 0.7 per cent to 241.71. Germany's DAX 30 index dropped 0.5 per cent to 6,132.85 and the French CAC 40 index slipped 0.3 per cent to 3,036.73.

Wed, 13 Jun 2012 19:51:44 GMT

retail sales in US decreased for the second month

Change in retail sales sales in US in May matched the expectations and decreased by 0.2% for the second consecutive month. Specialist state that such developments are mainly influenced by decreasing advances in payrolls and 8% unemployment, although decreasing gasoline prices counterweight the effects.

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