April 17, 2012 / 6:14 PM / 6 years ago

Crude oil rises $1 a barrel towards $104

LONDON (Reuters) - Crude rose $1 a barrel on Tuesday, narrowing further its discount to European benchmark Brent in response to news of a major pipeline reversal that is expected to ease a supply glut in the Midwest.

A gas pump is seen hanging from the ceiling at a petrol station in Seoul June 27, 2011. REUTERS/Jo Yong-Hak

Crude oil was up $1 a barrel at $103.93 as of 8:13 a.m. EDT (1213 GMT).

Reporting by Julia Payne and Alex Lawler

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