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Crude oil futures moved back above $ 90 level on Wednesday, tried to approach the top level in 2008, in line with a bullish indicator in the energy sector. Currently, crude oil traded rose 36 cents to $ 90.18 per barrel rose 0.4 percent. Since the beginning of December crude oil had not penetrated to the level of $ 90.

U.S. Government increases the estimated growth in gross domestic prduk in the third quarter to 2.6 percent, from 2.5 percent previously estimated.

Crude oil reserves expected to show spenurunan 2.3 million barrels when the Energy Information Administration reported oil inventories back on last week, according to analysts in a Dow Jones Newswires poll.

Separately, the American Petroleum Institute yesterday said crude inventories fell by 5.8 million barrels in the week, with gasoline inventories decreased by 2.9 million barrels