WTI is extending the price gains which started late on Tuesday, bolstered by a reported drop in US inventory figures and an outage at a Canadian oil sands plant.
The front month Brent crude oil contract last traded at USD 116.44 on Wednesday morning, up USD 0.21 on Tuesday's close on the Ice exchange.
At Nymex, the corresponding WTI crude oil contract was last seen at USD 99.12/bbl, a rise of USD 0.71 day on day.
"The [WTI] market is going higher due to the American Petroleum Institute (API)
Mittwoch, 8.02.2012, 08:11 Uhr
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