On similar lines, crude for delivery in September was trading higher by Rs 14, or 0.44 per cent, at Rs 3,194 per barrel in a business turnover of 193 lots.
The report from the Energy Information Administration (EIA) showed crude stockpiles fell by more than expected last week, pointing to an uptick in refinery activity. EIA reported that US crude oil inventories fell by 6.5 million barrels to 1.15 billion barrels.
Meanwhile, the US benchmark West Texas Intermediate crude price was up 1 cent to USD 49.57 a barrel and Brent crude, used to price international oils, added 4 cents to USD 52.74 a barrel.
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