Oil prices fell slightly Friday morning after an EIA report highlighting an unexpected build in crude inventories, with a Saudi supply surge adding further downward pressure on the crude market. The most vital industry information will soon be right at your fingertips Join the world’s largest community dedicated entirely to energy professionals Friday, July 6, 2018 Oil prices dipped on Thursday and in early trading on Friday following a disappointing report from the EIA, which showed an unexpected build in crude inventories. Meanwhile, the U.S.-China trade war began in earnest on Friday, raising concerns about a slowdown in demand. Finally, an increase in oil production from Saudi Arabia dragged down prices. U.S.-China tariffs begin . U.S. tariffs on $34 billion worth of Chinese goods began on Friday, with […]