Reuters | Oil Shows Weakness, But Don't Expect A Plunge OilPrice.com “The oil market is tightening gradually,” Tamas Varga, analyst at brokerage PVM Oil Associates, told Reuters. “OPEC is expected to roll over output restrictions for another nine months, supplies are at risk in the Middle East and U.S. inventories are ... Oil set for weekly loss on profit-taking Russia's Rosneft To Take Controlling Stake Of Iraqi Kurdish Oil Pipeline Oil prices are flat on weak US demand |