News Headline Summary

ENERGY WRAP - US Crude futures settle at USD 93.09/BBL, up USD 0.17 or 0.18%

WTI crude futures finished the session in minor positive territory, after initially opening lower following the FOMC minutes which were less dovish than anticipated. The small advance in crude futures today was due to a couple of factors; DoE crude inventories data showed a large drawn down of just over 11mln, allied with NFP beating market expectations.

04 Jan 2013 - 14:31 - - Source: RANsquawk

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: