Oil prices were steady on Thursday hovering at their strongest in 10 months, supported by concerns over tight global oil supplies.
Most recently, data from the American Petroleum Institute (API) showed that US crude oil inventories fell by 5.5 million barrels last week, compared to expectations for a reduction of only 1.4 million barrels.
The fall followed a much larger-than-expected 11.5 million barrel reduction in the week ending August 25.
Investors are now focusing on inventory data from the Energy Information Administration (EIA) to be published today, which is expected to record a contraction for the fourth week in a row.
Meanwhile, trade data released during the Asian session showed China's exports fell 8.8% in August, while imports contracted by 7.3%.
These numbers had little impact on crude oil trading to retreat slightly from the highs but both benchmarks continued to strengthen around the highest levels since November 2022.
The European session saw Brent crude trading little changed at around $90.18 a barrel, while US WTI was steady at $87.14 a barrel.
