CNBC | Brent crude oil retreats from 8-week highs as rally pauses CNBC "We would argue that improved fundamentals are not a key reason for the recent price bounce," analysts at Morgan Stanley said in a note. "Crude oil demand is anemic, gasoline demand has decelerated globally, and China crude oil imports are likely to ... Oil on track for best weekly gain in about 4 months Oil Prices Fall But Stay On Track for Large Weekly Gain Oil retreats from eight-week highs as rally pauses |