WTI oil increases on Cyprus agreement

Note: This section contains information in English only.
Source: Bloomberg
WTI oil futures for May settlement were higher by 54 cents to $94.25 a barrel on New York Mercantile Exchange in Singapore trading session on Monday. WTI appreciates for a second straight session, as Cyprus reached an agreement with European finance ministers and international lenders on a bailout plan. This deal eases concern that the European debt crisis will get worse.

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