MarketWatch | Oil extends gains after upbeat US production data MarketWatch Oil prices rose 1.4% in the U.S. session Tuesday, after industry group American Petroleum Institute's data showed an 8.1 million barrel contraction in U.S. crude supplies last week. If confirmed by the Energy Information Administration later in the ... Oil is Rising, but EIA's Short-Term Energy Outlook is not all That Pretty Oil prices rise on falling US fuel inventories, lower production outlook EIA cuts US oil production forecast for 2018, remains at record |