CNBC | Oil stabilizes as US output falls, but stockpiles rise CNBC Oil prices traded roughly flat Wednesday, as data showing record crude stocks was offset by evidence that production in an oversupplied market continues to decline. The Energy Information Administration reported crude inventories rose by 10.4 million ... US crude oil in storage had a huge spike last week Market Currents: Ten points to consider in the oil market today MarketsUS oil inventories surge by most since April |