Wall Street Journal | Oil Edges Lower as US Inventories Soar Wall Street Journal On Wednesday, the U.S. Energy Information Administration said crude-oil stockpiles rose by a record 14.4 million barrels for the week ended Oct. 28. The report sent prices lower and highlighted concerns over excess supply in the global oil market. Oil could drop below $30: Kilduff Oil prices find floor after falls on supply glut woes Oil rises as doller falls, but sentiment still weighed by higher inventories |