The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories fell by 1.639 million barrels in the week ended September 18. Economists had forecast a decrease of 2.325 million barrels.

At the same time, gasoline stocks dropped by 4.025 million barrels, while analysts had expected a decline of 0.648 million barrels. Distillate stocks plunged by 3.363 million barrels, while analysts had forecast a gain of 1.020 million barrels.

Meanwhile, oil production in the U.S. reduced by 200,000 barrels a day to 10.700 million barrels a day.

U.S. crude oil imports averaged 5.2 million barrels per day last week, up by 160,000 barrels per day from the previous week.