Commodity Blog |
| US Inventories of Crude Rise, Brent Drops, WTI Advances Posted: 09 Jan 2013 05:57 PM PST Futures on Brent crude oil fell today, while futures on WTI grade were rising even as US inventories advanced more than was predicted. US stockpiles gained 1.3 million barrels to 361.3 million barrels last week, compared to the median forecast of an increase by 0.9 million barrels. The growth fallowed the huge drop by 11.1 million in the preceding week. Commodities were a bit volatile as several central banks are releasing [...] |
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