Light, sweet crude for November delivery rose 3.90 dollars, or 5.8 percent, to settle at 70.61 dollars a barrel on the New York Mercantile Exchange, leaving oil prices basically flat in the third quarter after rising for the previous two.
According to the U.S. Energy Department's Energy Information Administration (EIA), gasoline inventories dropped by 1.6 million barrels in the week ended September 25, surprising analysts who had expected a jump.
Oil got further support as the dollar dropped against most of its major counterparts and headed for a second straight quarterly loss against the euro, boosting demand for commodities to hedge against inflation.
In London, Brent Crude for November delivery rose 3.36 dollars to 68.85 dollars a barrel on the ICE Futures exchange.
- 欧美文化:Feature: UK takes big step toward normal life with caution urged
- 欧美文化:Xinhua Commentary: Exchange of violence only pushes Israel, Palestine farther from peace
- 欧美文化:Over 2,300 cases of India-related coronavirus variant recorded in UK: health secretary
- 欧美文化:U.S., EU to start talks on steel tariffs imposed during Trump administration
- 欧美文化:Chinese envoy vows to push for UN Security Council action to defuse Israeli-Palestinian tensio