Reuters | Oil bounces on US crude stock draw, but prices still weak Reuters "Against expectations, OECD total oil inventories are still above 3 billion barrels and the recovery in Libyan and Nigerian supplies, coupled with a fast return of U.S. shale, should prevent steep stock draws ahead," Bank of America Merrill Lynch (BAML ... US crude sinks 4.1%, settling at $45.13 and ending longest winning streak since 2012 Bernstein Slashes Oil Price Forecast Oil brings 8-session rally to a screeching halt with biggest drop in a month |