FX Empire | Crude Oil Price Analysis for August 17, 2017 FX Empire Crude oil prices traded under pressure, despite a larger than expected draw in crude oil inventories and robust distillate demand reported on Wednesday by the Department of Energy. News that Libya was increasing output at its largest field seemed to ... Oil Slips as Rising Production Outweighs Shrinking US Supplies Oil 'backwardation' a key test for sentiment - Financial Times WTI falls back as DoE reveals rise in weekly US oil output |