WTI sets to reach weekly gain on Cushing stockpiles

Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude increased on Friday trading session heading towards a weekly advance on falling inventories in a storage hub in Oklahoma's Cushing. WTI for settlement in May jumped as much as $0.60 to $101.88 per barrel on the NYMEX and was last traded at a level of $101.67 by 12:23 p.m. in London.

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