Reuters | Oil eases on glut, production outlook Reuters LONDON Oil fell on Thursday as fears of escalating violence causing supply disruption in the Middle East faded and focus returned to a persistent market glut and increased global output. Brent was down 46 cents to $45.71 a barrel at 0859 GMT. West ... A Year After Oil's Black Friday, Consolidation In The Drilling Industry Nears Oil prices pull back as supply worries persist US oil eases on profit-taking after rally on Mideast risk |