Bloomberg | Oil Closes Near $38 After Dollar Loss Eases, U.S. Supply Rises Bloomberg Oil tumbled to a 12-year low this year before rebounding on speculation the global surplus will ease as U.S. output declines. Iran will attend talks with fellow members of the Organization of Petroleum Exporting Countries and other producers in Qatar ... $50 Oil As Soon As May? Oil jumps on Wall Street rally, weak U.S. dollar Oil ends slightly higher, but off session highs |