Wed, 13 Jun 2012 19:40:42 GMT
Crude oil surged on supply data
On Wednesday, futures for crude oil
erased losses during the U.S. morning trading session, after a report
by the U.S. government showed that oil supplies decreased last week.
On the NYMEX, July delivery futures for light sweet crude oil were
traded at USD83.73 per barrel, gaining 0.5% since the beginning of
the session.