Bloomberg | Oil, Gasoline Slip After Larger-Than-Expected Inventory Builds Bloomberg The U.S. crude benchmark posted its first monthly decline since August. Crude output by the Organization of Petroleum Exporting Countries rose by 130,000 barrels a day in February amid higher production from Libya, Nigeria and Venezuela, according to ... Oil extends declines on US inventory build Oil Prices Head Lower As Crude, Gasoline Inventories Rise US crude oil production hit record high in November: EIA |