Crude markets cross 88 dollars in Asia
New York's main contract, light sweet crude for December delivery, rose 68 cents to $88.49 a barrel in the afternoon.
Brent North Sea crude for December advanced 62 cents to 89.58 dollars.
Data from the US Department of Energy released late Wednesday showed crude stockpiles in the world's biggest oil consumer eased 3.3 million barrels in the week ending November 5, compared with forecasts of a 1.4 million-barrel rise.
Gasoline stockpiles also slid 1.9 million barrels, more than double forecasts for a 900,000-barrel drop.
Distillates, which include diesel and heating fuel, slumped five million barrels. Analysts had pencilled in a fall of two million barrels.
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