"The rise in stockpiles was also driven by a strong increase in imports, with Saudi Arabian crude nearly doubling to 1.12 million b/d last week", ANZ bank said in a note. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 29 cents at $65.81 a barrel, having touched a near two-month low on Tuesday.
In similar fashion, the metal for delivery in July contracts was trading higher by Rs 32, or 0.73 per cent to Rs 4,387 per barrel in 272 lots.
US sanctions on Iran are also threatening to reduce oil exports from the OPEC producer.
USA crude stockpiles decreased by 2.03 million barrels last week, while the hoard at the key storage hub in Cushing, Oklahoma, fell by 1.04 million barrels, the industry-funded API was said to report.
Crude oil prices are continuing to diverge as worldwide benchmarks rise relative to land locked WTI.
The Organization of the Petroleum Exporting Countries and other producers including Russian Federation have cut output since 2017 to reduce a global crude glut.
It's not clear how the US request has been conveyed, and the White House declined to comment on conversations.
Crude rose above $72 in late May after U.S. President Donald Trump's decision to renew sanctions on Iran and plunging output in Venezuela raised concerns over potential supply shortages.
Woman sentenced to 18 years for kidnapping infant in 1998
Florida Circuit Judge Marianne Aho said there were "no winners and no losers" in this case before imposing the 18-year sentence. Authorities have arrested Gloria Williams , 51, in SC on charges of kidnapping and interference with custody, the sheriff said.
Anemic Mets look to break out vs. struggling Orioles
Orioles: RHP Darren O'Day (elbow) walked three while getting just two outs for Class A Frederick in his first rehab appearance. After falling behind in the count 0-1, Machado lifted the next pitch to deep center to drive in Baltimore's run.
Algerian Energy Minister Mustapha Guitouni said on state radio: "What matters to us is that there is a balance between supply and demand to ensure the stability of the oil markets".
The U.S. government has quietly asked Saudi Arabia and some other OPEC producers to increase oil production by about 1 million barrels a day, according to people familiar with the matter.
The Iranian official also criticized a reported request that the United States made of Saudi Arabia to help stabilize oil prices in case the sanctions against Iran drives oil prices up.
Venezuela's supply trouble comes amid voluntary production cuts by OPEC which have been in place since 2017 in order to tighten the market and prop up prices.
Elsewhere, analysts surveyed by commodity pricing group S&P Global Platts said they expected the US market to show crude oil stock levels dropped 1.3 million barrels last week.
Car si nous en sommes actuellement au stade des intérêts, des offres devraient arriver cet été à Marseille. Enfin, son représentant nous précise: " En Italie, je pense qu'on aura une ou deux surprises ".
The suspension was supported by the other members of the group, including the US, Canada, Japan and four European nations. He said he had suggested to the other G7 leaders that all trade barriers, including tariffs and subsidies, be eliminated.
Des enregistrements originaux jamais entendus, enregistrés sur cassette par la star, seule à son piano. Une interprétation du chant religieux Mary Don't You Weep sera aussi incluse sur l'oeuvre posthume.
Le premier ministre du Québec Philippe Couillard s'entretiendra également avec le président de la France Emmanuel Macron. Les ministres Sébastien Proulx et Christine St-Pierre étaient sur place pour les accueillir.
It'll be an incredible fight. "I know it took a lot of hard work from my team to get this over the line". Love him or loath him, there's no denying that Eddie Hearn keeps on pulling out fight after fight.
The President said Pakistan and Iran enjoy cordial fraternal relations and support each other on important matters. The two leaders also discussed matters pertaining to regional and global significance.
Golovkin, a Southern California-based fighter who was born in Kazakhstan, has just the one contentious blemish on his record. He wants 50-50, and it's never going to happen. "So we are talking to Eddie Hearn about Jacobs", De La Hoya said.
The G7 leaders will meet in a luxury cliff-top hotel in the town of La Malbaie, about two hours' drive from Quebec City. G7 finance ministers met last week and rebuked Washington over the tariffs, setting up a fight at the G7 summit.
Afghan Taliban announces Eid ceasefire for first time
The militants said foreign forces would be excluded from the ceasefire and that operations against them would continue. The Taliban also asked their fighters to make arrangements for families of prisoners to visit them over Eid.
First bond girl Eunice Gayson dies: 007 babe found dead
Actress Eunice Gayson , the first Bond girl in the James Bond movies, has died, according to a tweet from the franchise's page . Trench had been due to be a recurring character, but the idea was dropped by the director of Goldfinger , Guy Hamilton.
Trailer Arrives For HBO's Robin Williams Documentary
Martin then acknowledges that Williams, on stage, was "a master", but "off stage, it felt like he was holding himself together". The actor was known for making everyone laugh, be it as a stand up comedian or from his many many roles in movies like Mrs.
Ex-Ireland star signs for Perpignan
On Friday morning, the news was confirmed that Jackson has completed a transfer to French side USA Perpignan . Since last week it had been reported that the out-half had been in talks with the Catalan club.