Oil futures came under pressure Wednesday on fears that rising U.S. oil stocks and shale output are undercutting efforts by major producers to rein in global supply. Brent crude, the global oil benchmark, fell 0.17% to $52.02 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were down 0.14% at $49.49 a barrel. The American Petroleum Institute cast a cloud over the...

Source: Wall Street Journal April 26, 2017 11:15 UTC