Bloomberg | Oil Jumps After US Crude Stockpiles Shrink Most Since August Bloomberg OPEC faces a challenge from an oil market "tightening very quickly," says analyst Amrita Sen of Energy Aspects. Oil topped $62 a barrel for the first time since May 2015 after U.S. crude stockpiles shrank by the most since the summer driving season ... US crude surges more than 2%, settling at $61.63, its best closing price since December 2014 Oil Rises As API Reports Major Draw In Crude Inventories Oil prices rise to three-year high amid market shifts |