WTI traded near its one-month high on Tuesday

Source: Bloomberg
West Texas Intermediate oil was traded close to its highest level in a one-month period as a tension over the Eurozone finance ministers' decision to tax bank savings in Cyprus eased and before a report that might show an increase of U.S. crude supplies. April WTI futures with expiration tomorrow were at $93.75 a barrel in NYMEX, while WTI for May delivery added 2 cents to $94.13.

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