Houston Chronicle | Oil drops as swelling US crude inventories signal ample supply Houston Chronicle Oil declined on concerns that U.S. crude stockpiles are expanding at a rate not seen since early 2017 as American drillers lift output to unprecedented levels. Futures fell as much as 1.1 percent in New York on Tuesday. Diplomatic tensions that ... Why the market should expect Saudi Arabia to send oil prices lower over journalist's disappearance Saudi Arabia hinted at a US oil embargo. It's not 1973. Saudi Arabia threat risks rare crack in US oil alliance |