NEW YORK, Nov. 14 (Xinhua) -- U.S. crude-oil futures closed up 2.92 dollars to 94.09 dollars on the New York Mercantile Exchange on Wednesday.
This was because estimates show that U.S. crude inventories may decline for a fourth week and as the Organization of the Petroleum Exporting Countries rejected a U.S. appeal to boost output at an upcoming meeting.
The contract fell more than 3 dollars to close at 91.17 dollars on Tuesday, the lowest level in nearly two weeks.
This was because estimates show that U.S. crude inventories may decline for a fourth week and as the Organization of the Petroleum Exporting Countries rejected a U.S. appeal to boost output at an upcoming meeting.
The contract fell more than 3 dollars to close at 91.17 dollars on Tuesday, the lowest level in nearly two weeks.
