Bloomberg | Oil Rises After Industry Data Shows Gasoline Stock Drop Bloomberg The Organization of Petroleum Exporting Countries is expected to extend supply cuts beyond their March expiration date, which has supported oil above the key $50-a-barrel psychological threshold. In addition, oil demand is proving more resilient than ... Falling Iraqi Exports Drive Oil Prices Higher Oil Prices Have Rallied. So Why Is No One Celebrating? Oil steady, supported by Iraq disruptions and drop in US rigs |