Reuters | Oil slips to $49 as US crude inventories hit record Reuters "Refined product demand continues to be the sole source of strength for the market, but it is not enough to overcome the tidal wave of crude oil supplies for now," said John Kilduff at Again Capital LLC in New York. Brent crude oil for March delivery ... Satyajit Das: For the Saudis, low oil prices are a means of exacting revenge Oil Slides as US Supply Seen Rising Oil Resumes Slide as US Supply Seen Rising Again |