Oil tops $48 as sources say API data show big drop in US crude supply MarketWatch Oil prices topped $48 a barrel late Tuesday after the American Petroleum Institute reported that U.S. crude supplies dropped 10.2 million barrels for the week ended July 21, according to sources. The API data also showed a rise of 1.9 million barrels ... Oil Prices Spike In Spite Of Bearish EIA Forecast OIL - private inventory data shows larger than expected draw in US crude inventory US crude oil production forecast expected to reach record high in 2018 |