Oil prices decline as U.S. inventory builds, shale oil weighs

06 March 2019, Singapore/London — Oil prices eased on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed OPEC-led production cuts. Brent crude futures were at $65.74 per barrel at 1416 GMT, down 12 cents from their last settlement. U.S. West Texas Intermediate (WTI) crude oil … More »