Wednesday, 1 May 2013

West Texas Intermediate WTI Crude Extends Monthly Decline on Rising Stockpiles

West Texas Intermediate crude fell, capping a monthly drop, before a report that may show that U.S. supplies climbed to a 22-year high. WTI’s discount to Brent oil narrowed to less than $9 a barrel.
Futures retreated 1.1 percent, bringing the April decline to 3.9 percent. Data from the Energy...West Texas Intermediate WTI Crude Extends Monthly Decline on Rising Stockpiles

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