MarketWatch | Oil futures extends rally in Asia on poor US crude, gasoline inventories Economic Times LONDON: Oil prices rose on Wednesday after a report of falling US inventories and signs that US oil production growth was levelling off after several years of very sharp increases. A report by industry body the American Petroleum Institute (API) on ... Report: US oil production to remain steady despite sagging prices UPDATE 5-Oil prices jump on US stock draw, easing production US monthly crude-oil output highest in more than 40 years |