US crude futures prices ended up 1.4 percent higher at $ 45.04.
Brent crude futures rose $ 1.31, or 2.8 percent, at $ 48.19 a barrel.
EIA reports U.S. production. Averaging 9.9 million barrels per day in 2018, down from last month's estimate of 10 million barrels per day.
European refineries increased their crude oil intake in June, and inventories of oil products, especially diesel, slid, euroilstock data showed on Tuesday.
Crude oil prices had slipped in earlier trading, pressured by bank forecasts for the decline this year and by 2018.
BNP Paribas cut its forecast for Brent by $ 9 to $ 51 per barrel for 2017 and by $ 15 to $ 48 for 2018. Barclays also cut its 2017 and 2018 Brent projections to $ 52 a barrel for the second year from $ 55 each And $ 57.
Crude prices remain about 17 percent below its opening level in 2017 despite an agreement led by the Organization of Petroleum Exporting Countries (OPEC) to cut output starting in January.
OPEC agreed with Russia and other major exporters to cut production by about 1.8 million barrels per day (bpd) through March 2018. However, production elsewhere is increasing.
U.S. oil production Has jumped more than 10 percent over the past year to 9.34 million bpd. Nigeria and Libya, OPEC members freed from production limits, also increased production.
OPEC oil production rose in June by more than 300,000 barrels per day (bpd), according to figures used by exporter groups to monitor supply.
Including Nigeria and Libya, issued by 13 OPEC members in June rose to around 32.47 million bpd, according to the average estimate of the secondary sources used by OPEC to monitor the results.
Production from 11 OPEC members with production targets under the agreement averaged 29.84 million barrels per day in June, according to the secondary source. That means compliance in June was 97 percent, according to OPEC calculations. That figure is lower than in May, as OPEC figures for the month show compliance above 100 percent.
Without a significant decline in oil inventories or decline in U.S. drilling and production Goldman Sachs said that U.S. crude oil Could fall below $ 40 a barrel.
In the morning after the US oil market closed, the American Petroleum Institute reported crude inventories of the USS. Down by 8.1 million barrels for the week ending July 7. Gasoline supplies also fell by about 800,000 barrels, API reported.
Analysts polled by Reuters had expected that U.S. crude stockpiles Down 3.2 million barrels while gasoline and refined stocks each rose 1.5 million barrels.
Analyst Vibiz Research Center estimates crude oil prices may rise with reports of a decrease in US crude inventories by API. Crude oil price is expected to move within the $ 45.50- $ 46.00 Resistance range, and if the price falls will move within the Support range of $ 44.50- $ 44.00.
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