CNBC | Oil slips as US crude inventories rise by 3.1M barrels CNBC Oil prices rose on Wednesday after data showed the U.S. market was beginning to tighten after two years of heavy surplus. U.S. crude stocks decreased by 1.2 million barrels last week while distillate stockpiles also fell, data from industry group the ... Oil Prices Close in on $50 a Barrel in US Oil rises as US production falls, stockpiles draw Oil up as US production falls, stockpiles draw |