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Bloomberg
Oil touched the highest level in three weeks after a government report showed a bigger US crude stockpile decline than expected.
Futures in New York advanced as much as 1.5 percent. The Energy Information Administration reported nationwide crude inventories fell 2.57 million barrels last week, larger than a decrease of 1.49 million barrels that analysts forecast in a Bloomberg survey.
At the same time, gasoline supplies dropped by 1.55 million barrels.
West Texas Intermediate crude for October delivery added 87 cents to $69.40 a barrel at 10:34 a.m. on the New York Mercantile Exchange. Total volume traded was about 47 percent below the 100-day average.