The US continues to pump oil from its strategic oil reserve.
Last week the US withdrew about 2.7 million barrels of oil from its strategic oil reserve. This is the biggest weekly draw since late August.
According to the US Department of Energy, cited by Reuters, the country's strategic oil reserves fell to 279.5 million barrels - the lowest level since 1982.
The Trump administration is now continuing to release the remaining approximately 40 million barrels of the 172 million barrels previously approved for use. Shipments of this oil are planned for November and December.