Wed, 03 Jul 2013 13:55:14 GMT
WTI climbs over $100 amid decline in U.S. stockpiles, Egypt unrest
Crude oil inched up, with West Texas Intermediate rising above $100 per barrel for the first time in nine months, amid declined in U.S. stockpiles and worries that political unrest in Egypt may ruin Middle Eastern supply. The August WTI contract jumped $2.58 to $102.18 per barrel and Brent for August delivery gained 1.6% to $105.61 per barrel.