The U.S. oil benchmark soared for a second straight session Tuesday to close at its highest level of 2015 a day ahead of weekly data that is expected to show a decline in domestic crude output.On the New York Mercantile Exchange, light, sweet crude futures for delivery in May CLK5, -1.89% rose $1.84, or 3.5%, to close at $53.98 a barrel—the highest settlement since Dec. 30. Over the past two sessions, May crude has gained nearly 10%
Brent crude for May delivery LCOK5, -1.40% on London’s ICE Futures rose 98 cents, or 1.7%, to $59.10 a barrel, contributing to a 7.6% two-day rise.
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