Wall Street Journal | Oil Prices Slip After Reaching $50 a Barrel Wall Street Journal Oil prices briefly rose above $50 a barrel on Thursday as declines in U.S. oil inventories raised hopes the oversupplied market was inching toward a better balance. But the first move above $50 since November also came with concerns that higher prices ... US benchmark crude oil tops $50 a barrel for the first time since October Brent oil breaks above $50 for first time in seven months What to watch out for as oil prices rise |