From the department of it's-all-coming-together:
Oil prices rose above $77 a barrel on Thursday as official data showed that US reserves of crude and petrol had fallen more heavily than expected.
Dwindling hopes of a rise in output from next week's meeting of producers cartel Opec, also pushed up prices.
October light sweet crude rose 57 cents to $76.30 a barrel having climbed above $77 earlier. Meanwhile Brent crude surged 43 cents to $74.77.
The rise is a move towards the record high of $78.77, seen on 1 August.
Gains were pared by data showing higher utilisation of US refineries.