Oil extended gains as investors assessed geopolitical risks with speculation that the USA president and Saudi Arabia's crown prince discussed countering the influence of Middle East producer Iran.
Stocks fell 2.7 million barrels in the week ended March 16 to 425.3 million barrels, according to the API, compared with analysts' expectations for an increase of 2.6 million barrels. The global benchmark crude traded at a $3.90 premium to WTI for the same month.
Both benchmarks posted a daily gain of more than three percent, and reached their highest level since February 2.
For the record, during that meeting on Tuesday, Salman told the brash billionaire he sees a "stable" oil market ahead and added that his kingdom has an 84-year supply of crude.
Trump could withdraw the US from the historic nuclear deal with Iran, and impose sanctions on the country, which then would make it harder for Tehran to export crude and oil products to the global market.
We could see some profit-taking as crude oil approaches the pair of tops at $65.63 and $66.02. Still, investors will be wary of USA supplies, which have threatened to undermine OPEC's efforts to eliminate a global glut.
"The presence of the Saudi Crown Prince in Washington and his clear agenda to ramp up pressure on Iran, has for me, been the key driver of oil, which rose strongly", said Greg McKenna, chief market strategist at futures brokerage AxiTrader.
West Texas Intermediate for May delivery added 6 cents to $63.60 a barrel on the New York Mercantile Exchange at 2:24 p.m.in Singapore.
In other energy trading, April natural gas rose 0.6% to $2.666 per million British thermal units.
U.S. output is now higher than that of top exporter Saudi Arabia.
Energy consultancy FGE said it was likely that the United States would re-impose sanctions on Iran soon, resulting in a 250,000 to 500,000 barrels per day (bpd) drop in its exports by year-end. A Bloomberg survey ahead of the government report forecast stockpiles rose by 3.25 million barrels.
Prices extended gains in post-settlement trading after data from the American Petroleum Institute showed a surprise draw in US crude inventories.
Despite being a personable player that was very involved in the community, Jones had a disappointing rookie season for the Bills. We're told at some point, he ran back out of the apartment, entered a public balcony area and smashed his foot through a window.
In 2016 , Tesla employee Joshua Brown was killed while operating an Autopilot auto for the company, but was behind the wheel. Google-owned Waymo for years has been testing self-driving cars, racing against smartphone-summoned ride star Uber .
At the time of the incident, neither Mr Noor or another officer present, Matthew Harrity , had their body-worn cameras activated. Damond's shooting ended up as global news last summer, as she was a dual citizen of the US and Australia.
We will fight this unconstitutional ban and ensure that women can access legal and safe abortion care, no matter their zip code. Tate Reeves echoed that sentiment Monday, tweeting "It's a great day in Mississippi" along with a picture of the signing.
In a statement, Iraq's government said it had worked with the Indian Embassy to positively identify the remains using DNA samples. Adding further Kaur said, "I was having deep intuition from inside of my heart when Government had asked us to go for DNA tests".
Jaime Nava, captain of Spain, said: "I don't want to think that rugby has been prostituted to leave us out". Spain lost 18-10 in a match they needed to win to confirm their place at the 2019 Rugby World Cup .
Afghanistan's Shiite population has repeatedly been targeted by IS affiliates, who view the minority group as apostates of Islam. Earlier reports said the bomb was planted in a vehicle , but the city police later confirmed it was a suicide bomber.
A school resource officer engaged the shooter after he started firing, quickly containing the situation, Cameron told reporters. One of the shooter's friends, 14-year-old Jordan Hutchinson, and his mother dropped off a condolence card at the Rollins home.
Bashir Manzo, who heads a parents' support group in Dapchi, said: "These girls were not accompanied by any security personnel". Many of the Nigerian schoolgirls abducted from their village a month ago have just been released back to their families.
Powerball ticket worth $100K sold in Upstate
Under the name "Good Karma Family 2018", the anonymous victor chose the lump-sum cash option of $352 million, Reuters reported . "We encourage whoever won to sign the back of that ticket, put it somewhere very safe", Svitko said .
South Korea's K-pop singers to perform in Pyongyang
North Korea has been notified of the schedule "as well as the defensive nature" of the exercises, the Pentagon said. Last year, Foal Eagle began on March 1 and continued until the end of April, lasting a total of two months.
The Banner Saga 3 concludes the series on Nintendo Switch
Bad North is being published by Raw Fury (Kingdom, GoNNER) and set to wash up on Switch shores sometime this summer. Timing details weren't provided, but its safe to say that the Nintendo Switch is a flawless platform for the series.
Yakuza Kiwami 2 launches this August in the West
New minigames include Yakuza 0's Cabaret, something called Golf Bingo, plus the original arcade release of Virtual-On. It'll be a while before we see Yakuza 7 surface, as we still have yet to get Yakuza 6 and Yakuza Kiwami 2 this year.