Oil rose sharply on a surprising US crude stocks report

International benchmarks for crude oil extended the firming trend from the previous session on Wednesday, 28 September following the EIA report on the surprising drawdown in US commercial crude inventories last week, signalling the demand is not as bearish as expected. Besides, the US dollar has also weakened slightly.

Brent gained $3.05 or 3.5% to close at $89.32/barrel. 

WTI jumped $3.65 or 4.7% to settle at $82.15/barrel.