Crude oil futures moved higher on Tuesday ahead of the inventory data, with traders expecting the data to show US supplies of crude oil fell for an eighth-straight week. Gasoline inventories are expected to be closely watched, as gasoline demand tends to ease, following the end of the U.S. summer driving season. Meanwhile OPEC is meeting this week in Vienna to discuss its supply quota plan. OPEC officials estimated the cartel and other producing countries in July have delivered 94 percent of their pledged oil output cuts. Benchmark crude oil futures for October delivery ended up by $0.27 or 0.5 percent to $47.64 on the New York Mercantile Exchange. In London, Brent crude for October delivery ended higher by $0.32 at $51.98 a barrel on the ICE.

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