71.   Oil inventories in importing nations have risen but are still low, contributing to market instability and volatile prices, the International Energy Agency reported.

72.   Oil inventories in importing nations have risen but are still low, contributing to market instability and volatile prices, the International Energy Agency reported on Friday.

73.   Richardson told a news conference after the meeting that U.S. officials were worried about production levels and the low level of oil inventories.

74.   Since then prices have more than tripled and oil inventories have fallen to precarious levels.

75.   The bearish fundamentals include overproduction by the Organization of Petroleum Exporting Countries, growing U.S. oil inventories and sluggish petroleum demand, Kilduff said.

76.   U.S. oil inventories have dropped in recent weeks, but still remain above year-ago levels.

77.   Using the reserve oil would build up heating oil inventories and lower retail prices, they say.

78.   The oil sector closed broadly higher following a report Tuesday which indicated a fall in oil inventories in the United States.