West Texas Intermediate crude capped the first weekly gain in more than a month on speculation an improving U.S. economy will boost fuel demand. Prices rose for a fourth day after touching a seven-month low on Aug. 25. U.S. consumer confidence rose in August, the Thomson Reuters/University of Michigan final sentiment index showed today. The economy expanded more than previously forecast in the second quarter, the Commerce Department said yesterday. Brent gained on escalating tension between Ukraine and Russia. “Economic numbers continue to point to a slowly improving economic picture, and it means better fuel demand,” said Gene McGillian , an analyst and broker at Tradition Energy in Stamford , Connecticut . “The market kind of overextended itself when it slid to the seven-month low. We do have new concern surrounding the fighting going on in Ukraine.” WTI for October delivery advanced $1.41, or 1.5 percent, to $95.96 a […]