Wall Street Journal | Oil Prices Erase Losses as Production Outages Grow Wall Street Journal Oil futures erased early losses Friday and drove higher as Canadian wildfires spread, further crimping oil production in the top supplier to the U.S., and an attack on a Nigerian production facility hampered output there. The U.S. oil benchmark had ... Oil turns positive after early losses on profit-taking Why Oil Prices Will Likely Drop Below $40 Soon Oil Market at Crossroads as Big Rally Masks Risks Lurking Ahead |