MarketWatch | Oil settles higher as EIA confirms a drop in US crude stockpiles MarketWatch Oil prices settled higher Wednesday as U.S. government data confirmed a sharp decline in domestic crude supplies for a second week in a row. Prices, however, ended off the session's best levels, as rising production in the U.S. and elsewhere continue ... OPEC's oil output jumps again in June as the group struggles to end the crude glut Oil rises as US crude stocks drop by more than expected Oil rises above US$48 as US inventories, output forecast drop |