CNBC | Oil seesaws as US output falls and stockpiles jump CNBC Oil prices swung from positive to negative territory on Wednesday afternoon as data showing record U.S. crude stocks was offset by evidence that production in an oversupplied market continues to decline. The Energy Information Administration reported ... Oil Prices Waver as US Stockpiles Surge Oil up, shrugs off big US crude build and erases early dip Storage Stalemate Subdues Oil Prices |