No 14



Crude Prices Rise Ahead Of OPEC Decision But Fall On US Stockbuild

Crude oil prices rose last week on growing anticipation that OPEC would confirm its earlier decision to cut output by 1mn b/d from 1 April, then fell as weekly US stocks data, published on 31 March as the OPEC ministerial meeting in Vienna was about to close, showed strong increases in inventories of both crude oil and gasoline. The crude oil stockbuild was the seventh weekly increase in a row,...