U.S. oil stockpiles climbed last week on rising gasoline inventories as lockdown measures in parts of the U.S. to curb the virus kept a lid on fuel demand.  

U.S. crude inventories rose by 3.8 million barrels last week, according to an estimate released Tuesday by the American Petroleum Institute, after a build of 4.2 million barrels the previous week. Gasoline inventories rose by 1.3 million barrels. 

Crude Oil WTI Futures, the U.S. benchmark for oil rose 4.3% after settling higher at $44.911 per barrel.

The build comes a day ahead of the official government report expected to show weekly U.S. crude supplies increased by about 0.13 million barrels last week. 

Reference by: Investing.com