Bloomberg | Oil Holds Near $58 as U.S. Supply Drop Adds to OPEC Optimism ... Bloomberg Oil stuck near a two-year high as a drop in U.S. crude stockpiles added optimism to a rally underpinned by hopes for an OPEC deal extension. Oil jumps, US light crude at two-and-a-half-year high on Canada pipeline woe Oil price rises to 2-year high above $58 US on supply slowdown Oil is on a tear today, hitting $58 for first time in two years — blame Canada |