The API reported an increase of 1.690 million barrels of crude oil inventories for the previous week ending Feb. 28 and the U.S. Energy Information Administration reported a rise of 800,000 barrels.
Oil prices climbed on Tuesday, recovering a modest portion of their steep losses from the previous session.
The West Texas Intermediate for April delivery increased 3.23 U.S. dollars, or 10.38 percent, to settle at 34.36 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery was up 2.86 dollars, or 8.32 percent, to close at 37.22 dollars a barrel on the London ICE Futures Exchange.
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