Reuters | Global oil rises ahead of US inventory data Reuters LONDON Oil prices strengthened on Wednesday ahead of U.S. crude inventory data that could give investors a clue as to whether an OPEC-led output cut is making progress in reducing a persistent global supply overhang. Brent crude was up 50 cents at ... Oil market re-balancing is here and will continue, IEA says Has Global Oil Demand Really Surpassed Supply? Oil market rebalancing needs 'much work', says IEA |