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Published in TZ Latest News 4 March, 2015 by The TZ Newswire Staff

Crude Oil Rises On Slowdown At Cushing Hub

U.S. oil futures gained for a second day, narrowing their discount to international prices as supply growth at the biggest U.S. hub slowed. West Texas intermediate oil climbed 2% as its discount to Brent shrank to the smallest in two weeks. Stockpiles at Cushing, Okla., the delivery point for WTI futures, increased 536,000 barrels last week, the Energy Information Administration said.

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