Crude oil prices rebounded Thursday as a report showed massive drop in U.S. stockpiles last week.

The U.S. Department of Energy said Thursday that crude oil stockpiles dropped 8.1 million barrels to 321 million in the week ended Dec. 22, dipping below year-ago levels of 323.3 million barrels.

However, market showed little reaction to the report as the United States is experiencing an unusually mild winter, which lower demand for heating fuel.

New York's main contract, light sweet crude for delivery in February, rose 19 cents to 60.53 dollars per barrel.

In London, Brent North Sea crude for February delivery climbed 10 cents to 60.62 dollars.

Source: Xinhua