U.S. crude futures rise above $100

, Feb12 (UPI) -- U.Scrude futures rose above $100 on Wednesday (February 12) as the American Petroleum Institute (API) data showed inventories at key U.Sdeliveries fell 2.5 million barrelsqxc
Expectations that the cold weather in the U.Swill lead to increased demand, especially distillate demand, also supportued U.Scrude oilqxc
The U.SEnergy Information Association (EIA) will release its weekly crude oil inventory data later todayqxc
Federal Reserve Chair Janet Yellen said overnight that U.Smonetary policy would not suddenly change course and would continue to cut stimulusqxc
U.Scrude for March oil rose $0.49 to $100.43, after closing at $99.94Brent crude futures for March were not trading, closing up $0.05 to $108.68 the previous dayqxc
Crude inventories rose 2.1 million barrels in the latest week, but fell short of market estimates, according to data released Tuesday by the American Petroleum Institute (API)Crude inventories in Cushing, Oklahoma, fell by 2.5 million barrelsqxc
The U.SEnergy Information Administration (EIA) cut its forecast for crude oil production this year and next by 100,000 barrels a day to 8.4 million and 9.2 million barrels, respectivelyGlobal oil demand will rise to 1.26m barrels a day this year, 50,000 barrels higher than previously estimated, the agency said on Tuesday .11qxc, Feb 12 (UPI) -- U.S crude futures rose above $100 on Wednesday (February 12) as u.S oil association (API) data showed inventories at key U.S delivery sites fell 2.5 million barrels qxc
　　Expectations that the cold weather in the U.S will lead to increased demand, especially distillate demand, also supportued U.S crude oil qxc
　　The U.S Energy Information Association (EIA) will release its weekly crude oil inventory data later today qxc
　　Federal Reserve Chair Janet Yellen said overnight that U.S monetary policy would not suddenly change course and would continue to cut stimulus qxc
　　U.S crude for March oil rose $0.49 to $100.43, after closing at $99.94 Brent crude futures for March were not trading, closing up $0.05 to $108.68 the previous day qxc
　　Crude inventories rose 2.1 million barrels in the latest week, but fell short of market estimates, according to data released Tuesday by the American Petroleum Institute (API) Crude inventories in Cushing, Oklahoma, fell by 2.5 million barrels qxc
　　The U.S Energy Information Administration (EIA) cut its forecast for crude oil production this year and next by 100,000 barrels a day to 8.4 million and 9.2 million barrels, respectively Global oil demand will rise to 1.26m barrels a day this year, 50,000 barrels higher than previously estimated, the agency said on Tuesday .11 qxc
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