The Globe and Mail | OPEC Doubles Down On Draining Oil Inventories OilPrice.com Although the oil market has been improving, OPEC still has work to do to bring global oil inventories back to their five-year average—the metric that OPEC has vowed to achieve with the production cut deal, OPEC Secretary General Mohammad Barkindo said ... Oil dips as Wall Street dives; tensions over Iran support crude As Saudi Prince Visits US, Shale Transforms Oil Relationship Crude oil's fundamentals weak; US Fed's economic outlook to guide market |