Wall Street Journal | Oil Prices Slump as US Crude and Product Supplies Hit Record Wall Street Journal NEW YORK—Oil prices slid Wednesday after federal data showed U.S. inventories of crude oil and refined products at a record high. U.S. oil prices have hovered between $45 and $50 a barrel in recent weeks as traders weigh ample stockpiles against ... Oil market rebalancing could 'tip over,' IEA warns IEA Sees Record Middle East Oil Supply as U.S. Output Slumps Oil price dips again on surprise inventory surplus |