MarketWatch | Here's why oil just scored its biggest one-day rally of 2017 MarketWatch Traders have taken these developments as bullish for prices, though many do point out that the Saudis normally lower exports at this time of year because of stronger domestic demand for oil, and Nigeria's output would still have to rise from its ... Oil surges after Tuesday's settle on reported 10.2 million barrel drop in US crude stockpiles Saudi Summer: Why Crude Oil is Rising Oil rallies 3 per cent as US shale shows signs of slowdown |