Barron's | Inventory Glut Could Push Oil Down Further Barron's The market for oil is obsessed with the latest one- or two-million- barrel-a-day swings in estimated global production. Why is that, when the overhang of crude equals almost 64 times a single day's demand—nearly 17% more than normal and able to come ... US crude settles higher at $48.78, eking out weekly gain as weaker dollar provides support Oil at three-month low, Russia says too soon for cut-extension talks Oil prices steady, heading for modest weekly rise |