CNBC | Oil Set for Weekly Drop as Resilient Supply Seen Sustaining Glut Bloomberg Oil has fluctuated since rallying in August amid speculation the Organization of Petroleum Exporting Countries and Russia would agree on measures to stabilize the market at a meeting in Algiers later this month. All 14 member countries will attend the ... US oil settles up 0.8% at $43.91 per barrel Oil prices drop on returning Libya, Nigeria supplies Here's why 31 million barrels are set to disappear from US oil inventories |