CNBC | BREAKING: US crude settles at $53.18, up 43 cents, as OPEC's output cuts drain oil stockpiles CNBC Oil prices climbed higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks. Increased drilling in the United States, however, could keep a lid on ... Oil prices rise as OPEC output cuts drain stocks Oil Prices Rise As Markets Buy OPEC's Charm Offensive Oil Rises on Signs of Increased OPEC Compliance With Accord |