Wall Street Journal | Oil Retreats but Remains Near Highs Wall Street Journal LONDON—Oil prices pulled back on Thursday as the dollar strengthened, but crude remained near 10-month highs amid ongoing supply outages and falling U.S. inventories. Brent crude, the global oil benchmark, was down 1% at $51.97 a barrel on ... Oil prices soften on profit taking after hitting 2016 highs Oil rally loses steam after cruising to fresh 2016 highs This chart says oil could hit $60 — and fast |