West Texas Intermediate crude capped a monthly gain as inventories at Cushing, Oklahoma , dropped and the euro strengthened against the dollar. Brent advanced. WTI closed above $100 for a 12th day. Stockpiles at the futures’ delivery point slid 7.04 million barrels in the four weeks ended Feb. 21 as the southern leg of TransCanada Corp. (TRP) ’s Keystone XL pipeline moved oil to Texas from the hub. The euro surged to a 2014 high against the dollar. Brent’s increase in February was the biggest since August. “Crude prices have reached a lofty plateau and I don’t see them weakening,” said Tom Finlon, Jupiter, Florida-based director of Energy Analytics Group LLC. “There is no reason for Cushing inventories to build in the near term. The dollar looks very bad against the euro and that supports the prospect for stronger crude prices.” WTI for April delivery climbed 19 cents to […]