Wednesday, 18 March 2015

Crude Oil and Energy News for Today

Crude Oil
WTI crude oil prices declined by 1 percent on Wednesday to close at $43.5/bbl. Oil prices came under renewed pressure in Tuesday's postsettlement trade, after a 3 day losing streak, as an industry group reported a huge build in U.S. crude inventories ahead of official data from EIA.

On the MCX, oil prices declined by 1.1 percent to close at Rs.2885/bbl.

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