WTI crude climbs to 3-day high as U.S. oil inventories seen lessening

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Source: Bloomberg
© Scanpix/FP
West Texas Intermediate advanced to a three-day high amid speculation U.S crude stockpiles decreased for a a third week, indicating growing demand in the U.S., the world's largest consumer of oil. WTI for August settlement gained 86 cents to $106.91 a barrel as of 8:47 a.m. on New York Mercantile Exchange. Inventories most likely fell to a five-month low. Official report will be published tomorrow.
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Tue, 16 Jul 2013 15:35:05 GMT

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