Reuters | Oil bounces back as dollar weakens Reuters "We saw a heavy selloff in commodities yesterday and I think that's why we're getting a little bit of a rebound in oil prices on the back of that." March Brent futures LCOc1 were up $1.38 at $56.04 a barrel by 0938 GMT (04:38 a.m. EST), following a 3 ... US oil production reaches all-time high amid depressed crude prices Crude oil is falling again Oil Rises but Price Gains Capped by Rising US Supply |