Reuters | Crude Oil Prices Surge on Declining Inventory Market Realist WTI (West Texas Intermediate) crude oil futures contracts for July delivery increased by 1.71% and closed at $58.98 per barrel on Wednesday, May 20, 2015. Oil prices increased due to a decline in weekly US crude oil inventory data. The US benchmark ... Oil rises on US crude drawdown but oversupply still weighs MarketsOil whipsaws on latest US inventory data US Oil Prices Snap Losing Streak |