(Adds API data) OTTAWA (Dow Jones)--Crude oil futures ended higher Tuesday but failed to break $50 a barrel as traders ready for another increase to sky-high U.S. inventories and the fallout from Thursday's Group of 20 meeting in London.
Full Story: OIL FUTURES: Crude Ends Up But Capped By Inventories - Wall Street Journal
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Light, sweet crude for May delivery settled up $1.25, or 2.6%, at $49.66 a barrel on the New York Mercantile Exchange. May Brent crude on the ICE futures exchange settled $1.24 higher at $49.23 a barrel. Crude rallied toward the close after a relatively lackluster trading session, clawing back some of Monday's losses that saw prices plunge below $50 a barrel ...Full Story: OIL FUTURES: Crude Ends Up But Capped By Inventories - Wall Street Journal
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