The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories fell by 5.889 million barrels in the week ended April 9, following a drop of 3.522 million barrels in the previous week. Economists had forecast a draw of 2.889 million barrels.

At the same time, gasoline stocks rose by 0.309 million barrels, while analysts had expected a build of 0.786 million barrels. Distillate stocks dropped by 2.083 million barrels, while analysts had forecast an advance of 0.971 million barrels.

Meanwhile, oil production in the U.S. increased by 100,000 barrels a day to 11.000 million barrels a day.

U.S. crude oil imports averaged 5.9 million barrels per day last week, down by 411,000 barrels per day from the previous week.