OIL PRICES

Crude Prices Ease On Eurozone Worries, US Stockbuild

Benchmark crude oil prices eased last week, as rising Spanish debt repayment costs renewed concerns over the potential for continued Eurozone economic recovery. Also bearish was US Energy Information Administration weekly petroleum data published on 18 April, which unexpectedly showed a fourth straight week of inventory build in the US. WTI continued to slide on 19 April in the wake of weak US economic data and falling...