Wednesday, January 1, 2014

Crude Oil: Oil Rose on the Back of Decline in US Oil Inventory

Crude Oil prices were flat against the USD for the 24 hour period ending 23:00GMT, closing at 98.42. However, crude oil prices edged up after the American Petroleum Institute (API) reported US oil supplies slid 5.67 million barrels last week and despite an official gauge of manufacturing activity in China, the



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