Let the height of the bottle be h and the area of the bottom be A. In the analysis the area A can be taken as 1 without loss of generality, so I will take A =1. The volume of the bottle is then h.
Before the separation, the center of mass will be at a height h/2 above the bottom.
Afterwards, there is a volume of (1/3) h water under a volume of (2/3) h oil. The location of the center of mass of the water mass is h/6 above the bottom, the mass of the water is (1/3)h x 1.01 . The location of the center of mass of the oil is (2h/3) above the bottom, the mass of the oil is (2/3) h x .910.
The standard formula for the height of the center of mass above the bottom then becomes:
H = [ (h/6) x (1/3)h x 1.01 + (2h/3) x (2/3) h x .91 ] / [(1/3) h x 1.01 + (2/3) h x .91 ]
This works out be H = .489 h.
So the center of mass is lower after the separation by h/2 - .489 h = 0.011 h. This is a drop of 1.1%