WTI trades near 14-day low amid rising supplies

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Source: Bloomberg
West Texas Intermediate oil was traded close to its lowest level in almost a 14-day period on Wednesday amid signs of increasing inventories as crude stockpiles advanced 1.1 million barrels last week. WTI for delivery next month was traded 11 cents higher at $94.32 a barrel as of 12:42 p.m. on the NYMEX after the prices fell 96 cents yesterday to $94.21, the largest fall since May 1.

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Wed, 15 May 2013 09:25:06 GMT

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