News Headline Summary

ENERGY WRAP - US Crude futures settle at USD 92.70/BBL, down USD 0.56 or 0.60%

WTI crude futures ended the session in negative territory, registering their biggest weekly drop in six months. Negative sentiment from this week’s DOE’s which showed 22 year high increase in stockpiles, was further underpinned by poor US payroll data. WTI crude futures saw volatility following the release of poor US Nonfarm payrolls which saw the USD weaken following dampened expectations of QE tapering.

Print 18:34, 05 Apr 2013 - Commodities - Source: RANsquawk