Oil ended at the highest level in almost two months in New York after a government report showed U.S. refineries boosted their use of crude.
West Texas Intermediate futures rose for a third day after the Energy Information Administration said fuel plants processed 16 million barrels a day of crude last week, the highest level for this time of year in data going back to 1989. Gasoline inventories fell by 1.47 million barrels.
Crude has surged 32 percent since closing at a 12-year low on Feb. 11 on speculation low gasoline prices will boost demand. Russian oil producers met with President Vladimir Putin to pledge support for a plan agreed with Saudi Arabia and other nations to freeze output at January levels. U.S. crude inventories rose by 10.37 million to the highest since 1930, the EIA said.
WTI for April delivery gained 26 cents, or 0.8 percent, to $34.66 a barrel on the New York Mercantile Exchange, the highest settlement since Jan. 5.
Brent for May settlement climbed 12 cents to $36.93 a barrel on the London-based ICE Futures Europe exchange. The global benchmark crude was at a premium of 63 cents to WTI for May.