Bloomberg | Oil Rises After Five-Day Slide as Markets Rally and OPEC Cuts Bloomberg Oil had retreated below $50 a barrel amid concern rising U.S. crude production will offset efforts by the Organization of Petroleum Exporting Countries to trim a global glut. Macron securing a spot in the second round avoids the scenario of a contest ... Oil futures rebound from last week's slide, but supply pressure remains Oil prices on the mend after weekly drop of 7% A Bad Week For Oil |