Tue, 22 Jan 2013 09:00:19 GMT
Oil rises after BOJ's announcement
Oil was near the highest level in four months in New York after the Bank of Japan announced it will introduce further monetary stimulus. WTI for February settlement, expiring today, gained 14 cents to $95.70 a barrel, while the March contract rose 12 cents to $96.16. Brent for March delivery increased 39 cents, or 0.4%, to $112.10 a barrel.