Oil prices settle at their highest levels of the month

Oil futures climbed Tuesday, with concerns surrounding declines in Venezuelan crude production and tensions in the Middle East among the reasons prices settled at their highest levels month to date. April West Texas Intermediate crude , which expired at the end of the trading session, rose $1.34, or 2.2%, to settle at $63.40 a barrel on the New York Mercantile Exchange. May WTI crude , the new front-month contract, settled at $63.54, up $1.41, or 2.3%.

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From:: Stock Market News

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