Wall Street Journal | Oil Prices Fall on Bearish US Supply Data, Doubts on Production Cuts Wall Street Journal The U.S. Energy Department said domestic oil inventories rose 6.6 million barrels last week, far more than the 1.8-million barrel increase projected by analysts. The report also said imports of foreign oil jumped last week and refinery demand slowed. US oil slips 0.97 pct after hitting 2016 highs Why the oil price could jump to $60 - or 'collapse' again Russia just confirmed talks with Saudi Arabia — but oil is diving |