WTI rises as stockpiles in Cushing drop

Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude increased on Wednesday trading session after an industry report showed that inventories in Oklahoma's Cushing declined towards the weakest level in eight weeks and as automobile demand advanced by the most in 12 months. WTI for settlement in May gained as much as 63 cents to $99.82 per barrel as od 10:36 a.m. pm the NYMEX.

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