Reuters | Oil bounces back from losses prompted by US fuel stocks Reuters PVM Oil Associates also said in a note that “the weekly data was not as bad as it seems at first sight.” “Current (stock) levels are nearly 7 percent below last year and the surplus to the five-year average is only 3.9 percent,” it said. The market was ... Oil shrugs off US fuel supply increase Is the rise in crude oil prices here to stay? TSX May Open Higher As Oil Prices Rise |