Oil prices rose on Thursday in Asia as data showed U.S. crude inventories fell more than expected last week.
U.S.Crude Oil WTI Futures inched up 0.1% to $56.84 by 11:56 PM ET (03:56 GMT). International Brent Oil Futures rose 0.3% to $63.87.
The Energy Information Administration said in its weekly report that crude stockpile was down by 3.12 million barrels in the week to July 12, compared to forecasts for a stockpile draw of 2.69 million.
Gasoline inventories unexpectedly rose 3.57 million barrels, compared to expectations for a draw of 0.93 million barrels, the report also showed.
Meanwhile, distillate stockpiles rose 5.69 million barrels, more than the expected 0.61 million gains.
Source : Investing.com