Wall Street Journal | Oil Rally Pauses After Prices Hit Four-Month High Wall Street Journal Oil futures eased off a four-month high on Thursday after a sharp reduction in U.S. inventories fueled hopes that the market was beginning to work through its supply glut. Brent crude, the global oil benchmark, fell 0.1% to $51.80 a barrel on London's ... Oil price drops despite US stocks draw Oil steady near 2016 highs after US inventory drop US crude settles up $1.14 at $49.83, highest close since June |