Published March 25, 2015 2:54pm EDT | Updated May 21, 2015 1:25pm EDT

Oil Futures Settle At a More Than Two-week High

Oil futures settled above $49 a barrel on Wednesday -- the highest level for a front-month contract since March 9. Turmoil in Yemen raised concerns over crude supplies in the Middle East. On the New York Mercantile Exchange, May crude settled at $49.21 a barrel, up $1.70, or 3.6%.