Reuters | Oil falls below $60 as oversupply weighs Reuters Stockpiles of West Texas Intermediate (WTI) U.S. crude at the Cushing oil hub in Oklahoma rose the most in six years, the EIA said. "With total crude stocks now about 425 million barrels and Cushing north of 46 million barrels, WTI is looking ... Oil settles lower; EIA inventory report not as bad as expected Oil Prices Slide, Drag Down Oil Stocks After Crude Inventories Rise Oil price falls amid worries about global oversupply |