WTI Crude Rises First Time in Three Days on Cushing
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West Texas Intermediate crude rose for the first time in three days on speculation that inventories at Cushing, Oklahoma, fell last week. The price of Brent gained.
WTI settled above $100 a barrel for an eighth day. Supplies at the futures’ delivery point probably slid for a fourth week, four analysts forecast, as the southern leg of TransCanada Corp.’s Keystone XL pipeline moved oil to Texas. Crude also increased as the Standard & Poor’s 500 index reached a record.