Investing.com - Oil Thursday recovered from steep overnight losses after the release of stockpile data.
U.S. crude was up 38 cents, or 0.87%, at $43.96 at 06:30 ET, while Brent added 1.13% to $46.37.
The Energy Information Administration Wednesday reported a surprise fall of 559,000 barrels in U.S. crude stocks in the latest week.
Crude inventories were expected to show an increase of 3.8 barrels.
However, gasoline and distillate inventories rose by more than expected.
Gains in oil prices were limited by ongoing supply concerns with Libya and Nigeria looking to restore output after disruptions.
The dollar index was up 0.06%. A stronger dollar depresses demand for oil.