Business Insider | Crude oil is rallying Business Insider West Texas Intermediate crude futures in New York rose 2% on Wednesday morning to as high as $49.70 per barrel, the highest level in about two and a half months. But these gains were trimmed after the Energy Information Administration said US oil ... Oil pares gains on 3.1M barrel crude build US Oil Prices Retreat on Inventory Data Oil rises as US production falls, stockpiles draw |