EIA inventory report

The Energy Information Administration reported crude stocks dropped 4.7 million barrels in the week ended Sept. 11.

Analysts had expected a decrease of 3 million barrels, according to a consensus estimated.

Gasoline stockpiles increased by 500,000 barrels, according to the EIA report. Analysts had forecasted an increase of one million barrels.

The government report also showed that distillates, used to make heating oil and diesel, rose by 2.2 million barrels, topping analysts' expectations for a 1.2-million-barrel increase.

Commentary: crude oil stock fall more than expect is another support crude oil price, today crude oil price rose above $71, weak dollar also supported price.