Forbes | Why US Crude Oil Imports Are Rising Forbes In early March, a bearish inventory report from the Energy Information Administration's (EIA) Weekly Petroleum Status Report (WPSR) caused a sell-off in oil prices. The price of West Texas Intermediate (WTI) dropped below $50 a barrel (bbl) for the ... Oil slides as US pumps more, but OPEC and North Korea loom Weekly Oil Markets Recap - Energy Equities Underperform Oil Falls After Failed North Korean Missile Test |