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| WTI crude headed for the first weelky loss to US$ 102.71 -0.95,-0.92% since May 2 as U.S. consumer spending fell in April and U.S: crude oil inventories increased, signaling ample supplies. The Russians pulled their troops back in Ukraine and that probably diminished geopolitical risks and therefore less premium for the price of Brent crude which is falling to US$ 109.39 -0.48 -0.44% today. |
Friday 30 May 2014
Wti AND Brent Oil Falls,with the former increased supplies and the latter with less geopolitical risks at Ukraine
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