WTI rises amid speculation over falling U.S. supplies

Source: Bloomberg
West Texas Intermediate oil rose on Tuesday rebounding from the steepest fall in a week on concerns that crude supplies dropped for the first time in a two-month period in the world's largest consumer of the commodity, U.S. WTI for delivery in January advanced 51 cents to $94.6 a barrel on the NYMEX and it traded at $94.52 as of 2:30 p.m. in Singapore.

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