Oil prices rose on Tuesday, the reserve energy markets worried that after the financial crisis, release the strong U.S. housing data in Cyprus.
April delivery of benchmark crude rose 20 cents, to $92.36 a barrel in Bangkok at noon time in electronic trading on the New York mercantile exchange. The contract fell $1.58 on Tuesday, closing at $92.16.
On London's ICE futures exchange, the price of brent crude oil refinery oil imports by the United States, rose 52 cents, to $107.97 a barrel.
Later in the day, the U.S. department of energy's report estimates that us crude oil inventories rose by 2 million barrels, according to the survey, an analyst at platts energy information department, McGraw-hill, oil production in the United States, in more than 7 million barrels a day, is the highest in 20 years.
On Tuesday, after a drop in oil prices in Cyprus lawmakers rejected a plan to tax bank accounts, to stabilize the country's Banks and international aid has cleared the way.
But the data pointing to the United States provided further evidence of the real estate market steadily improves, prove that the economic recovery is one of the largest economies in the world have the upper hand. , the us Commerce Department said builders began more houses and apartment building permits in February for the future construction with the fastest speed in four and a half years.
Other energy futures in New York mercantile exchange trading:
- wholesale gasoline rose 0.5 cents to $3.045 a gallon.
$2.969 a gallon - heating oil stability.
- natural gas fell 2.5 cents to $3.944 per 1000 cubic feet.


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