Crude Oil is trading today in the European session above the $67 level.
Oil climbed more than 1% on Wednesday, paring some of the previous day's losses, as a drop in U.S. crude inventories and concern about Hurricane Francine disrupting U.S. output countered concerns about weak global demand. U.S. crude stocks fell by 2.793 million barrels, gasoline declined by 513,000 barrels, according to API data yesterday.