Crude oil prices are trading higher in futures market on Wednesday before U.S. inventory data that may signal the strength of fuel demand in the world’s largest oil consumer. Light sweet crude oil (WTI) futures gained 0.44 dollar or 0.48 percent to trade at USD 91.60 a barrel at the New York-based commodity exchange NYMEX.

Brent crude oil futures went up 0.45 dollar or 0.48 percent to trade at USD 95.12 a barrel at NYMEX. Natural gas futures gained 0.010 dollar or 0.243 percent to trade at USD 4.131 a gallon at the NYMEX.

On Tuesday, Crude oil prices settled sharply lower in futures market. Light sweet crude oil (WTI) futures plunged 3.41 dollar or 3.61 percent to close at USD 91.16 a barrel at the New York-based commodity exchange NYMEX. Brent crude oil futures plunged 2.53 dollar or 2.6 percent to close at USD 94.67 a barrel at NYMEX. Natural gas futures remained flat at 4.121 a gallon at the NYMEX.