GulfBase Live Support
27/01/2014 10:03 AST
Oil prices were mixed in Asian trade today as dealers focused on the US Federal Reserve’s policy meeting this week in anticipation of further stimulus pullback.
New York’s main contract, West Texas Intermediate (WTI) crude for March delivery, was up seven cents at $96.71 in mid-morning trade, while Brent North Sea crude for March delivery eased 34 cents to $107.54.
Tan Chee Tat, investment analyst at Singapore-based Phillip Futures, said investors were sitting on the sidelines amid “heightened anticipation that they (the Fed) will further engage in tapering’’.
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The Hindu Business Line
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
(In US Dollar) | Change | Change(%) | |
---|---|---|---|
Brent | 68.12 | -2.02 | -2.88 |
WTI | 63.51 | 0.5 | 0.79 |
OPEC Basket | 64.98 | -1.5 | -2.26 |
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