Brent crude oil futures rose on Tuesday and hit a 20-week high due to the positive economic data and strong corporate earnings reports boosted Wall Street and other financial markets. 

More moderate gains in U.S. crude oil futures investors worried about Cushing, Oklahoma oversupply so gains were limited. Brent crude widened liters of water compared to U.S. crude oil futures touched the highest level of the year. 

European purchasing managers index (PMI) and the U.S. service sector data for the financial markets help. Addition, corporate profits higher than the predicted also helped the Dow Jones industrial average to break through the 14,000 points, S & P 500 index and the Nasdaq composite index rose more than 1% today. Yesterday the Dow recorded the highest drop so far in November. 

Brent crude oil CL-LCO1 = R widened to $ 20.34 during the year, the most wide level and is approaching the 100-day moving average last closed at $ 19.88 Monday closed at $ 0.45 higher than that of the U.S. crude oil futures liters of water. 

Brent crude rose $ .92 settle at $ 116.52 a barrel in intraday trading concussion. Days fell to a low of $ 115.01 has also climbed to mid-September last year, so far up to $ 117.23. Brent crude oil has gone up in 2013 more than 5%. 

U.S. crude oil futures rose 0.47 U.S. dollars to 96.64 U.S. dollars. 

Crude oil traders are also awaiting U.S. weekly crude oil inventory data. Reuters survey showed on Monday that weekly inventory may increase to 280 million barrels. 

The report released late Tuesday by the American Petroleum Institute (API) crude oil inventories increased 3.6 million barrels last week the U.S. Energy Information Administration (EIA) data will be released on Wednesday.