WTI crude futures traded around $73.4 a barrel on Friday, the highest since August 2nd, and are on track to jump around 2% weekly, boosted by growing fuel demand and falling US crude inventories. EIA data showed US crude stocks fell by 3.5 million barrels to 414 million last week, the lowest since October 2018. Meantime, almost 16% of the Gulf of Mexico oil production remained offline after the impact of two hurricanes, while some members of OPEC+ have struggled to raise output following under-investment or delays to maintenance work. Still, market participants were somewhat cautious after disappointing September PMI data from the US and Europe, which revealed firms remained severely constrained by supply chain bottlenecks and material shortages.