Crude Oil Erases Gains...

Crude oil prices slumped as US inventory fell less than expected and as equities' risk rally stabilized. Erasing much of the gains made in the prior day, the front-month WTI contract slumped -4.38% to settle at 44.75, while the Brent contract was down -4.56 to close at 46.26. European shares eased for the first time in five sessions, as investors took profit and awaited the BOE meeting.