Commercial crude oil stockpiles rose by 4.6m barrels to reach 472.8m barrels over the week ending on 15 September, according to the Energy Information Administration, the Department of Energy's statistical arm.
Crude oil traders showed little response to late Tuesday's American Petroleum Institute's weekly inventories report.
OPEC and 10 producers outside the cartel, including Russian Federation, agreed late previous year to cap production at around 1.8 million barrels a day lower than peak October 2016 levels; part of an effort to alleviate the global oil glut and boost prices.
Oil has risen more than 5 per cent in NY since Harvey slammed into the Texas coast on August 25, swamping the heart of the U.S. refining industry and disrupting everything from tanker arrivals to gasoline production.
Prices continue to be supported by last week's report from the International Energy Agency which lifted its 2017 demand outlook.
With OPEC signaling its determination to curb supplies, oil prices have risen sharply over the past week. "Refineries are also reporting a much better recovery from the recent hurricanes", ANZ bank said on Monday.
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XAutoplay: On | OffIraqi Oil Minister Jabbar al-Luaibi said Iraq and Ecuador think there should be another 1% cut in production and hinted that others want the cut extended.
Crude stocks at the Cushing, Oklahoma, delivery hub rose by 703,000 barrels, EIA said. Total volume traded was about 39 percent below the 100-day average. The more-active November futures contract climbed 95 cents to $50.85.
Brent for November settlement advanced $US1.15 to end the session at $US56.29 a barrel on the London-based ICE Futures Europe exchange, the highest level since March.
In New York Mercantile Exchange electronic trading, October West Texas Intermediate crude CLV7, +1.21% the US benchmark, rose 54 cents, or 1.1%, to push just back above $50 a barrel, trading this week at their highest since the end of July, according to FactSet data.
"We have more work to do to get supplies back up to normal so that should be very bullish for crude oil", Phil Flynn, senior market analyst at Price Futures Group in Chicago, said by telephone.
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