Crude Oil Futures Edge Higher

Hong Kong, China, December 12, 2012--Crude oil futures edged towards the $86/barrel level Wednesday, according to The Wall Street Journal. This increase came ahead of data and events expected later in the day, including the outcome of meetings of the Federal Reserve.

U.S. crude oil supplies rose by 4.3 million barrels during the week of December 7, according to data released after a settlement by the American Petroleum Institute.

The U.S. Energy Information Administration's numbers are due later today.