WTI rises as inventories fall in U.S.

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Source: Bloomberg
West Texas Intermediate crude increased on Wednesday rising towards the strongest level in a seven-week period after a report showed that distillate stockpiles in the U.S., the world's largest oil consumer, declined as cold weather may hit Georgia. WTI for settlement in March jumped 75 cents to $100.69 per barrel on the NYMEX, the most since December 27.

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Thu, 13 Feb 2014 07:17:19 GMT

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