Oil prices rallied further on Wednesday, hitting fresh three-year highs on optimism ahead of a government reading on U.S. oil supply due later. February West Texas Intermediate crude CLG8, +0.60% rose 50 cents, or 0.8%, to $63.45 a barrel. On Tuesday, it settled up 2% to $62.96 on Tuesday, the highest since Dec. 9, 2014, according to FactSet data. March Brent LCOH8, +0.26% gained 35 cents, or 0.5%, to $69.71. Tuesday’s finish left it 1.5% higher at $68.82 a barrel, also its highest close since December 2014.via