Oil prices rose on Wednesday, despite the US dollar's rally, after the US crude inventories data showed a drop in the EIA weekly report.
The Energy Information Administration (EIA) showed today that the US crude inventories fell by about 1.6 million barrels to 494.4 million barrels during the past week, while analysts forecast a drop by 1.8 million.
While the American Petroleum Institute (API) showed yesterday in preliminary data that inventories rose 691,000 barrels during the same period.
The dollar index rose against a basket of currencies by 0.2% to 94.2 points as of 18:44 GMT, after it hit a high of 94.3 and a low of 93.9.
As of 18:44 GMT, WTI October futures at Nymex rose 0.4% to $39.9 a barrel, after hitting a high of $40.7 and a low of $39.2.
Brent November futures rose 0.3% to $41.8 a barrel, with a high of $42.6 and a low of $41.2.