"OECD [Organisation for Economic Co-operation and Development] demand growth continues to be stronger than expected, particularly in Europe and the U.S.", the IEA said, adding that hurricanes Harvey and Irma are projected to slow USA oil demand growth in the third quarter.
That was largely tied to solid gains in crude oil, sparked by signs of reduced global production.
Adding to the buying pressure in oil futures, earlier on Wednesday the International Energy Agency reported that OPEC's output shrank in August, leading to a decline in global supplies.
Nevertheless, the IEA said it was cautious about the extent of any post-recovery rally, saying that "expectations are that markets are tightening and that prices will rise, albeit very modestly".
Brent crude was up 32 cents, or 0.6%, at $54.59 U.S. a barrel by mid-morning Wednesday, while U.S. West Texas Intermediate was up 54 cents, or 1.1% at $48.77 U.S. a barrel.
US commercial crude storage levels skyrocketed by 5.9 million barrels last week in the aftermath of Hurricane Harvey as refinery shutdowns prevented much of the nation's new oil production from being processed.
Crude oil imports meanwhile averaged 6.5m barrels per day last week, down by 603,000 barrels per day from the previous week. Gasoline stockpiles were down 8.4 million barrels for the week, while distillate stockpiles fell 3.2 million barrels, according to the EIA. As of 2:00 p.m. EDT Tuesday, the U.S. Energy Department said four refineries in the Gulf Coast were still closed because of issues associated with Harvey, representing about 4 percent of the total U.S. refining capacity.
Were it not for Chargers cornerback Casey Hayward's sudden butterfingers, a first-quarter throw might have gone the other way. He closed out the Broncos' fourth possession with a 1-yard scoring jaunt around Chargers star defensive end Joey Bosa .
Joseph University also dropped about 10 spots for the second year in a row to 87 among regional universities in the Midwest . Critics call the rankings too simplistic and say students and school administrators pay too much attention to them.
These concern the contracts for its AdSense advertising service and the licensing of its Android mobile phone operating system. The Commission is reviewing its Google Shopping decision in light of the ECJ's Intel ruling, according to Reuters .
Adams' organization released a report Monday finding hundreds of noncitizens registered to vote in 11 counties in New Jersey. During the meeting , Maine's Secretary of State, Matthew Dunlap, also pushed back against Kobach's voter fraud accusations.
North Atlantic Treaty Organisation troops have also used Pakistani ports and roads to move equipment into land-locked Afghanistan. Pakistani officials have been complaining since that Trump's allegations were false.
Mexico, which sent brigades to New Orleans after Hurricane Katrina, first offered to send help to Texas on August 27, when Mr. Mexico had pledged to offer food, generators and medical aid to Texas "as good neighbours should always do in trying times".
Look, anything can happen in this fight. "Seriously, I don't know, just my training every day, I'm just the same", he said. You just have to deal with it, but I'm more motivated now than I have ever been in my career.
Thankfully this finally puts the Apple TV in league with the other players in the market including Roku and Amazon. We know it can't be added via a software update because the HDMI port on the fourth-gen Apple TV isn't 4K-capable.
The interception led to a Pappanastos 22-yard field goal, pushing the Tide lead to 34-3 with 7:08 left in the game. Alabama fans got a glimpse of the future, but the present is still very much the Jalen Hurts show.
This flag has recently been seen amongst white supremacist groups, such as those marching in the USA in recent weeks. The statement reads: "It's come to our attention that a gauntlet in Destiny 2 shares elements with a hate symbol".
The announcement came as Boris Johnson travelled to the Caribbean to visit the British overseas territories battered by Irma. She also said that the leaves could have been dried out by salt that was whipped onto the island when the storm hit.
US inventories data will be closely watched over the next two days amid uncertainties over the impact of recent hurricanes. Production had been on the rise over the summer, raising concerns OPEC's deal to cut output wasn't working.
Destiny 2: When to expect Xur, the Raid and more
But while we don't know much about the Raid itself, we do know one or two tips and tricks that will help you survive. Destiny 2 Director Luke Smith tweeted that Leviathan will have a Power range of 260 to 280.
5 fine reasons why Arsenal should enjoy the Europa League
Peter Stoger's side finished a strong fifth in the Bundesliga last season, albeit 13 points behind fourth-placed Hoffenheim. Rob Holding and Alex Iwobi will be in the frame, whilst the ever impressive Reiss Nelson should be in the squad.
Hospital on lockdown following active shooter incident
Dartmouth College, an Ivy League school, announced that classes have not been cancelled and the campus is operating normally. The hospital issued a "code silver" alert to employees, which alerts the possibility of somebody being violent with a weapon.
Arsenal confident of Lemar deal
Lemar wants to play in the Champions League, which Manchester United and Liverpool are competing in. That could well happen with Thomas Lemar but the vice-president doesn't seem to mind.
Why Is Aung San Suu Kyi Silent on the Rohingya Atrocities?
I will not go to the extent of supporting the petition for revoking her Nobel Prize, which she once undoubtedly deserved. But what some have called " ethnic cleansing " and others "a slow genocide" has persisted - and recently accelerated.