The U.S. has been producing and importing more oil than it is consuming and that extra crude is flowing into storage tanks, especially at the country’s main trading hub in Cushing. Photo: Associated Press The oil market’s recent rebound may not last, an influential energy watchdog warned on Friday, as the U.S.’s ability to keep pumping more crude has defied expectations and could set the stage for prices to fall again. In its closely watched monthly report, the International Energy Agency said U.S. oil production was up 115,000 barrels a day in February, some of it going into bulging storage inventories whose capacity may soon be tested. “That would inevitably lead to renewed price weakness,” the report said. Financial markets have been […]