Oil prices roses on data showing a smaller-than-expected increase in U.S. crude inventories supply disruptions in Libya and views that an OPEC-led output reduction is likely to be extended.
According to the Energy Information Administration, U.S. crude stocks rose last week, but refineries hiked output, causing gasoline stocks and distillate inventories to decline.
Gasoline stocks fell by 3.7 million barrels, versus projections in a Reuters poll for a 1.9 million barrels drop.
Crude inventories rose by 867,000 barrels last week, compared with analysts' expectations for an increase of 1.4 million barrels.
Distillate stockpiles, which include diesel and heating oil, fell by 2.5 million barrels, correlated with expectations for a 1.2 million barrels drop.