Investing.com -- Oil stockpiles fell more than expected last week, according to the Energy Information Administration.
Crude oil inventories declined 3.8 million barrels. Analysts tracked by Investing.com had expected a decline of 2.8 million barrels after an increase of 500,000 the prior week.
Hurricane Delta forced production shut downs along the Gulf Coast last week. West Texas Intermediate, the U.S. oil benchmark, fell about 3% in early trading on Thursday.
Oil stored at Cushing, Oklahoma, increased 2.9 million barrels compared to expectations for a build of 3.9 million barrels.