OIL PRICES GO DOWN ON FIFTH CONSECUTIVE DAY ON THURSDAY

Highlights

• Brent crude slumped 37 cents or 0.5 percent, and was at $67.63 per barrel after going down 0.6 percent on Wednesday

• US crude inventories have consistently gone up for four straight weeks after refineries in the south were forced to close because of the...

POSITIVE DEVELOPMENT AROUND US STIMULUS BILL DRIVE OIL PRICES UPWARDS

Highlights

• While the April contract expired on Friday, Brent crude futures for May went up by $1.07, or 1.7 percent to $65.49 per barrel

• US West Texas Intermediate (WTI) crude futures surged $1.10, or 1.8 percent to $62.60 per barrel

• Along with s...