Oil settles at $49.07, up 41 cents, after 6th straight drop in US crude stockpiles

Oil settles at $49.07, up 41 cents, after 6th straight drop in US crude stockpiles This is a developing news story. Please check back for updates: http://www.cnbc.com/2017/05/16/oil-drops-on-rising-us-crude-inventory-defies-expected-supply-cut-extension.html Follow @CNBCnow for breaking news and real-time market updates Send this email to a friend Unsubscribe  Advertise  More Newsletters  Digital Products © 2015 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue Englewood Cliffs, NJ 07632

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