CNBC | Crude oil is surging, but I'm not buying just yet CNBC In addition, Venezuelan oil production has continued declining, to 1.548 million barrels per day, further lending support. Venezuela has been under mounting pressure from creditors, causing most of its oil to be shipped off to pay its debts. Despite a ... Oil Prices Up As EIA Confirms Crude Draw US crude oil stockpiles fall in week as imports drop: EIA Oil rallies 3% after surprise stockpile decline |