WTI gains on lower stockpiles in the U.S main storage hub

Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude increased on Thursday trading session rising towards the strongest level in a two-week period as inventories in the main oil storage hub in the U.S. dropped. WTI for settlement in May advanced 94 cents to $101.20 per barrel on the NYMEX, the most since March 11, and it was last seen at $101.07 as of 12:32 p.m. in London.

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