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STOCK DRAWDOWN HOW TO
Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. (Only the headline and picture of this report may have been reworked by the Business Standard staff the rest of the content is auto-generated from a syndicated feed.)īusiness Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. (Reporting by Laura Sanicola editing by Richard Pullin) It measures the largest single drop from peak to bottom in the value. Prices were also lifted by expectations of a tighter gas squeeze in Europe from Wednesday after Russia's Gazprom said it would cut flows through the Nord Stream 1 pipeline to Germany to a fifth of capacity.Įuropean Union countries on Tuesday approved a weakened emergency plan to curb demand, after striking compromise deals to limit reductions for some countries. Max drawdown is an indicator of the risk of a portfolio chosen based on a certain strategy. government's Energy Information Administration releases its weekly oil report later on Wednesday. Gasoline inventories fell by 1.1 million barrels compared with expectations of a build of 3.5 million barrels, the API data showed.
That is four times the 1 million barrel decline expected by analysts in a Reuters poll. West Texas Intermediate (WTI) crude rose 67 cents, or 0.7%, to $95.65 a barrel by 0009 GMT.īrent crude futures rose 33 cents, or 0.3%, to $104.73 a barrel.Īfter settlement on Tuesday, industry group the American Petroleum Institute said crude stocks in the United States fell by 4 million barrels last week. (Reuters) - Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S.
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