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International benchmarks for crude oil edged higher on Wednesday, 11 August 2021 following report on the 447,000 barrels dropped in US crude inventories last week as demand remains stable amid the spreading of the Delta variant of the coronavirus. In addition, the US government said it would not call on US producers to increase crude production output.

Brent for October delivery gained 81 cents or 1.15% to $71.14/barrel.

WTI for September settlement increased 96 cents or 1.41% to $69.25/barrel.