Wall Street Journal | Oil Prices Surge Nearly 6%, Boosted by Heavy Draw on Stockpiles Wall Street Journal Oil prices surged to a two-week high after data showed an unexpectedly large decline in U.S. crude stockpiles, raising expectations that a lingering supply glut is about to ease. Crude climbed 4% in less than an hour late Wednesday morning after data ... US oil surges 5.7% to settle at $47.15 a barrel Oil rises 3 percent on US crude stockpile drop ahead of Fed Oil rises more than 2% ahead of Fed decision |