Analysts polled by S&P Global Platts expect the EIA report to show that crude supplies fell 3.6 million barrels for the week ended August 11.
EIA also said refinery crude runs fell by 9,000 barrels per day.
Refinery inputs averaged 17.6 million barrels per day (MMBPD) for the week ended August 11, down 9,000 BPD from the previous week's average.
Rahul, Manmohan among top opposition leaders attending Sharad Yadav's Virasat Bachao meeting
Yadav said former Prime Minister Manmohan Singh and Congress vice president Rahul Gandhi from the Congress would attend. He said, "The people who are organizing the meeting are not important for us and we remain unaffected by it".
Crude oil prices settled sharply lower in futures market on Wednesday after the Energy Information Administration report revealed a weekly climb in domestic production to the highest level in over two years.
United States gasoline stockpiles rose by 301,000 barrels last week, the API reported.
Oil prices edged up on Wednesday, lifted by declining USA crude inventories, although markets were still restrained by general oversupply.
Brent for October settlement gained 36c, or 0.7%, to $51.16 a barrel on the London-based ICE Futures Europe exchange.
Zambia Frees Opposition Leader Hakainde Hichilema
Hichilema's release comes shortly after the visit to Lusaka of Commonwealth Secretary-General Patricia Scotland. Hichilema's supporters were jubilant, but he showed no emotion as he listened to the judge.
Gasoline stocks were unchanged, compared with analysts' expectations for a 1.1-million-barrel drop. The jump in the spread could have resulted from the reduced global crude oil supply.
The 21st Century Cures Act, signed into law last year, requires the Energy Department sell a total of 25 million barrels of crude oil from the SPR starting this year.
Whatever effect the EIA's figures have on prices is bound to be short-lived as oil's fundamentals remain largely unchanged, with rising USA shale output offsetting OPEC's and its partners' cuts that should together take off 1.8 million bpd from global supply.
"The rise in crude production continues to happen", said Gene McGillian, director of market research at Tradition Energy.
Ric Flair Multiple Organ Problems ... Condition Critical
ESPN will air , Nature Boy , the long-awaited documentary about Flair as part of the network's 30 for 30 series on November 7. Barlow denied rumors that Flair had had colon surgery, but says he had a different type of surgery that she did not specify.