Reuters | Oil slides after US data shows inflation pressure building Reuters “With yields moving higher on the inflation number, let us see how equities will close the day,” he said, adding U.S. oil inventory data would also be closely watched. The U.S. Energy Information Administration releases weekly inventory data later on ... Oil Prices Recover After Small Crude Inventory Build Oil turns higher after smaller-than-expected inventory rise Producers would rather tighten oil markets than exit cuts deal too early - Saudi oil minister |