WTI crude futures settled in negative territory falling over 1% to trade at their 7-week lows as sentiment was weighed on by the uncertainty in the on-going Italian elections, fuelled on by early poll projections which pointed to a high possibility of a hung parliament. Focus was also turned on to tomorrows DoE inventories which are expected to show another round of builds. Looking ahead market participants await today’s API inventories scheduled for release at 1530CST/2130GMT.
26 Feb 2013 - 20:33 - - Source: Newswires
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