Reuters | Oil bounces off 10-month lows; crude glut still weighs Reuters NEW YORK Oil rose on Thursday, a day after hitting 10-month lows, but market sentiment remained negative because the global crude glut has persisted despite OPEC-led output cuts. Brent crude futures ended 40 cents higher to $45.22 a barrel, after ... US crude bounces back, settles 0.5% higher at $42.74 but glut worries remain Oil Gains After Falling Into Bear Market as US Supply Rises Oil slides below $45 a barrel for first time this year |