Barron's | Have Oil Markets Reached A Tipping Point? OilPrice.com Oil prices were down at the end of the week on fears of lingering oversupply. The U.S. reported a strong drawdown in crude inventories and flat production, although those bullish figures were outweighed slightly by an uptick in gasoline inventories ... Oil's Most Likely Direction Is Down The Oil Market Is Quickly Rebalancing Oil producers are losing resolve to cut production and boost prices, energy watchdog warns |