Oil prices closed the week on a positive note, as professional buyers are more convinced that oil is trending higher in the short term. Crude oil stocks (Click to enlarge) US crude stocks (Click to enlarge) US Crude (Click to enlarge) Domestic production (Click to enlarge) (Click to enlarge) Gasoline prices (Click to enlarge) Friday, March 29th, 2019 The most vital industry information will soon be right at your fingertips Join the world’s largest community dedicated entirely to energy professionals and enthusiasts While the breakneck growth of U.S. oil output has slowed considerably since January, domestic production continues to expand (albeit slowly) and will likely continue to grow thanks to tight oil production, according to projections from the U.S. Energy Information Administration (EIA). Meanwhile, overseas, Venezuela continues to face rolling blackouts and plunging oil production, Trump took to Twitter to take on OPEC, and international oil prices have remained […]