WTI rises as demand in U.S. increases amid winter storms

Source: Bloomberg
© Scanpix/RS
West Texas Intermediate oil increased on Friday session and was set to record its fifth weekly advance, the longest streak of weekly gains this year, as winter storms in the U.S. boosted demand for energy. WTI for settlement in March traded 27 cents lower at $100.08 per barrel on the NYMEX as of 3:55 p.m. in Singapore.

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