West Texas Intermediate crude oil rose today even as US inventories expanded more than was expected. Crude was helped by demand for distillate fuel, which reached the highest level in almost six years amid freezing temperatures in the United States. US crude oil stockpiles grew by 6.4 million barrels to 357.6 million barrels week, compared to the median forecast of 2.2 million growth. March futures for delivery of WTI crude oil rose $0.09 (0.09 percent) to $97.45 per barrel as of 5:53 GMT on NYMEX today.
Gold advanced today even after the Federal Reserve cut its stimulus program yesterday. The Fed announced that it reduces the size of its monthly
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