MarketWatch | Oil prices drop 1% after volatile session MarketWatch Oil futures fell Friday, following a volatile session that saw prices spike due to sizable declines in U.S. oil and gas inventories. Crude levels in U.S. storage fell by 6.3 million barrels in the week ended June 30, the U.S. Energy Information ... Oil prices slump over 1 percent on rise in US output Oil Closes Below $46 as US Output Gain Offsets Stockpile Drop Oil bull Andy Hall renounces faith in price recovery |