Bloomberg | Oil Tanks After EIA Reports Surprise Crude, Gasoline Build OilPrice.com A day after the API reported a 5.04-million-barrel decline in commercial U.S. crude oil inventories, the Energy Information Administration crushed hopes of a prolonged price recovery by reporting a build of 2.3 million barrels for the week to January ... Oil Trades Near $51 as Supply Drops at U.S. Hub, Rises Elsewhere Oil buoyed by data confirming OPEC output fall World oil demand rising in wake of production cuts: IEA |