Oil prices gained some ground this week on the drawdown in gasoline stocks in the U.S., which the markets interpreted as a sign that the glut could be easing. However, on Friday, oil prices fell back a bit on concerns that there is still just too much supply out there. Gasoline stocks fall, crude stocks rise slightly. 2017 has brought remarkable increases in the inventory levels for crude oil and gasoline, both of which hit record highs this month. The buildups have threatened to erase the price gains achieved since OPEC announced its deal late last year. The latest data from EIA […]