Oil prices slide on bulging U.S. crude inventories

22 March 2017, London — Oil prices slipped back toward three-month lows on Wednesday after data showed U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June. A deal between the Organization of the Petroleum Exporting Countries and some non-OPEC producers to reduce output by 1.8 million barrels […] More »