Crude slips slightly; trading at $ 86.83/bbl

US crude futures ended slightly lower to settle below USD 87, after a volatile session and pressure from the government's weekly oil inventory report showing crude and products stockpiles had risen last week. It is trading at USD 86.83 per barrel.

February 10, 2011 / 07:56 IST

US crude futures ended slightly lower to settle below USD 87, after a volatile session and pressure from the government's weekly oil inventory report showing crude and products stockpiles had risen last week. It is trading at USD 86.83 per barrel.

In the precious metals space, gold continued to rise settling above the USD 1365 mark as the dollar fell on Fed Chairman Ben Bernanke's remarks that the bond buying program would continue suggesting that the interest rates would remain unchanged.

first published: Feb 10, 2011 07:54 am

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