Oil prices remained above $81 a barrel today ahead of industry data, which showed a decline in US crude inventories.

For September delivery, US crude rose 11¢ to stand at $81.59 a barrel by 00.22 GMT, while London Brent crude gained 10¢ to $81.09 a barrel, reports Reuters.

US crude inventories are expected to fall by 1.6 million barrels last week, while petrol stocks will gain an estimated 100,000 barrels and distillate to rise 1.3 million barrels, according to a Reuters poll.

The US Energy Information Administration last month raised its global oil consumption growth estimate for 2010 by 60,000 barrels a day to 85.82 million bpd this year.