Bloomberg | Oil Rebounds From Dip Into Bear Market as Glut Worries Ease Bloomberg Oil tumbled into a bear market last week on concerns that rising global supply will undermine output cuts from the Organization of Petroleum Exporting Countries and its partners. U.S. crude inventories remain more than 100 million barrels above the ... Oil's streak of gains hits 5 sessions in row as US crude output falls Oil price rises for 6th session, buoyed by US output decline(Update) Oil is rising after US supply numbers come in higher than expected |