Financial Times | Oil prices pressured by growing inventories The Australian Oil prices fell on the report. Brent crude slipped 1 per cent to $US56.51 a barrel on London's ICE Futures exchange. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $US46.58 a barrel, down 1 per cent from ... Why Oil's Recent Drop Indicates Strength, Not Weakness Record U.S. Oil Glut Seen by IEA Filling Nation's Storage IEA warns of more oil price volatility |