Oil rises as US crude inventories fall

Oil futures rose almost 2 percent after US crude inventories fell unexpectedly and after OPEC appeared unsatisfied with pressure from US President Donald Trump to keep prices from rising.
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 US crude inventories fell 8.6 million barrels last week, compared to expectations of a 2.8 million barrel increase, government data showed.

Brent crude futures rose $ 1.18, or 1.8 percent, to $ 66.39 per barrel.

US crude futures rose $ 1.44, or 2.6 percent, to settle at $ 56.94 a barrel, achieving the biggest percentage rise in nearly four weeks.

Oil prices have risen more than 20 percent since the start of this year after the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC producers agreed to cut production for six months starting in January to avoid a growing global surplus, especially in light of the US production boom.