Oil prices rebounded to the highest since November 12th 2018 on Wednesday (Mar 20) after EIA data showed crude inventories in the US fell by 9.6 million barrels in latest week, the biggest drop since the week ended July 6th and compared to market forecasts of a 0.074 million rise. The US crude went up 1.5% to US$59.9 a barrel and the Brent crude increased 1.3% to US$68.4 a barrel. Nymex’s crude oil increased 0.48% to US$60.12 per barrel in Asian trading today.