Ever Increasing U.S. Oil Inventories Overshadow Demand Optimism
Oil storage silos stand at the oil and gas refinery operated by Naftna Industrija Srbije AD, a unit of Gazprom Neft PJSC, in this aerial photograph in Pancevo, Serbia. (Photographer: Oliver Bunic/Bloomberg)

Ever Increasing U.S. Oil Inventories Overshadow Demand Optimism

(Bloomberg) -- Oil slid after U.S. petroleum inventories climbed to a record for the second week in a row, more than offsetting signs of a recovery in fuel demand.
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