AP, NEW YORK -- Oil prices are rising after the government said U.S. crude supplies fell unexpectedly last week.

Light, sweet crude for September delivery is up $1.84 at $114.85 a barrel on the New York Mercantile Exchange.

The Energy Information Administration says crude stockpiles fell by 400,000 barrels to 296.5 million barrels for the week ending Aug. 8. Analysts surveyed by energy research firm Platts had expected crude supplies to rise by 500,000 barrels.

The EIA also says gasoline supplies fell by 6.4 million barrels to 202.8 million barrels last week, much more than the 2.2 million barrel drop analysts had predicted.

Oil's advance is for the time being halting a month-long slide that took crude $35 below its July 11 high of $147.27.

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