New York-Sana
Oil futures closed with gains of more than $2 as a report showing a larger-than-expected decline in US crude inventories and cuts in Russian gas flows to Europe overshadowed concern about weak demand and an increase in US interest rates.
Reuters reported that Brent crude contracts ended the trading session high by $2.22, or 2.1 percent, to settle at $106.62 a barrel.
US benchmark West Texas Intermediate crude contracts jumped $2.28, or 2.4 percent, to close at $97.26 a barrel.
The US Energy Information Administration said: "Commercial oil stocks in the United States fell 4.5 million barrels last week."
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