Wednesday, 12 June 2013

Commodity Overview,Thursday, 13.06.2013.

• Crude oil prices rose 50 cents to settle at $95.88 a barrel on the NYMEX.
• US crude oil inventories rose 2.5mn barrels to 393.8mn barrels for the week ended June 7.
• US Energy Information Administration says global oil demand is seen growing by 900,000 barrels per day in 2013 and by 1.2 mn bpd in 2014.
• Gold prices ended higher due to fall in the equities and weaker dollar.

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