Reuters | Oil slips to $49 on huge US stock build, firm dollar Reuters The American Petroleum Institute said late on Tuesday that U.S. crude stocks jumped by a massive 12.7 million barrels last week, triple the volume expected, and including a 2 million barrel increase at Cushing, Oklahoma, the delivery point of the U.S ... Oil Resumes Slide as US Supply Seen Rising Again Satyajit Das: For the Saudis, low oil prices are a means of exacting revenge Oil prices resume slide |