Wed, 24 Apr 2013 09:44:03 GMT
WTI oil increases to one-week high on U.S. data
The West Texas Intermediate oil futures for June settlement were higher by 52 cents to $89.70 a barrel on the New York Mercantile Exchange in Singapore trading session on Wednesday. Oil reached the highest price in more than one week, as the U.S. stockpiles were lower than expected decreasing by 845,000 barrels last week.