Bloomberg | Oil Trades Near $50 a Barrel After Decline in US Drilling Bloomberg While oil has rebounded this month and pushed above $50 a barrel last week, prices have struggled to hold at those levels this year as rising U.S. output stifles supply curbs led by members of the Organization of Petroleum Exporting Countries. However ... Oil prices slip, but hold near recent highs Sub-$50 Oil Could Kill Shale | OilPrice.com Opec's rebalancing strategy shifts as US oil imports drop |