The price of oil slipped after the U.S. government said crude stockpiles grew by 4.2 million barrels last week. A private report released Wednesday had showed an even larger increase.

U.S. benchmark crude fell 78 cents, or 1.8 percent, to $42.15 a barrel in New York. Brent crude, which is used to price international oils, slid 64 cents, or 1.4 percent, to $45.97 a barrel in London.

Only subscribers are eligible to post comments. Please subscribe or to participate in the conversation. Here’s why.

Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.

filed under: