Seeking Alpha | Oil Prices Gain Ahead of Inventory Data, ECB Meeting Wall Street Journal “Instead of ensuring a balanced market by adjusting supply as it did in the past, Saudi Arabia, the largest OPEC producer, still shows no inclination whatsoever to reduce its oil supply and give up market share,” said Commerzbank in a note, adding that ... Oil ticks higher, but worries about oversupply persist Oil Ticks Higher but Oversupply Concerns Persist -- 2nd Update Oil gains as hopes of price recovery amid cuts in production spending |