WTI gains amid cold weather in U.S. boosting demand

Source: Bloomberg
West Texas Intermediate oil increased on Thursday trading session rising towards the strongest level in a month after an arctic cold weather in the U.S., the world's largest oil consumer, boosted heating fuel demand. WTI for settlement in March advanced 61 cents to $97.97 per barrel on the NYMEX and was last seen at $97.78 by 1:15 p.m. in London.

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