Thu, 30 Jan 2014 15:39:05 GMT
WTI gains amid cold weather in U.S. boosting demand
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.