CNBC | BREAKING: Oil extends gains as EIA reports US crude inventories fell by 6.2M barrels CNBC Oil took its cue from American Petroleum Institute (API) data which showed a 7.5 million barrel drop in U.S. crude inventories to 507.2 million barrels, almost twice the fall expected by analysts. Market participants had forecast an increase of 3.4 ... Oil jumps on chance of another US draw, Norway strike supports Oil Rises Ahead of Inventory Data Venezuela Wants Oil At $70 Per Barrel: 'Fat Chance' |