Oil Futures End At a One-week High

Oil futures climbed Wednesday to settle at a one-week high, buoyed by a risk-on sentiment among investors that provided a lift to U.S. equities and the dollar. But data showing a second-straight weekly climb in U.S. crude supplies, along with a weekly increase in domestic crude production, kept a lid on oil's price gains. December WTI crude rose 29 cents, or 0.6%, to settle at $45.27 a barrel on the New York Mercantile Exchange. That was the highest settlement since Nov. 2, according to FactSet data.

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