Oil extended gains following US crude inventories data

International benchmarks for crude oil extended the firming trend on Wednesday, 20 October 2021 after the Energy Information Agency (EIA) released the weekly US crude inventories that showed 431,000 barrels drop in the week ending 15 October 2021. 

Brent increased 74 cents to close at $85.82/barrel.

WTI for the November delivery contract expired on Wednesday, closed at 83.42/barrel, 98 cents gained from the previous session.