Investing.com - Crude oil stocks fell by 11.190 million barrels last week, the American Petroleum Institute (API) said in its estimates on Tuesday, more than expected as gasoline inventories rose by 4.338 million barrels and distillate stocks gained 4.685 million barrels.

HOUSTON (Reuters) - Oil prices retreated from big gains on Thursday, but still managed to settle at three-year highs after the global Brent benchmark hit $70 a barrel on signs of tightening supply in the United States.