Crude oil was supported to trade higher on Thursday, supported by a reduction in US inventory data ahead of the holiday season which is expected to see a surge in demand.
The latest data from the Energy Information Administration (EIA) showed US crude oil supplies fell more than expected by 5.89 million barrels last week.
The decline comes as demand for heating oil is expected to increase following strong winter storms in the United States.
Additionally, jet fuel consumption is also projected to soar as more people travel for the year-end holiday season.
As a result, Brent crude oil futures traded stronger at $82 a barrel, while US WTI traded stronger at $78 a barrel.
Meanwhile, investors focused on the release of the final reading of US gross domestic product (GDP) for the third quarter in the New York session.
