Reuters | Oil eases towards $34 as US inventory rise counters producer deal Reuters LONDON Oil fell towards $34 a barrel on Thursday, giving up an earlier gain, as a U.S. government report showing a rise in crude stocks underlined the supply glut, countering optimism over this week's deal by oil producers to freeze output. The U.S ... MarketsIran supports oil freeze, but doesn't commit to it Oil Prices Rise on Shrinking US Stockpiles Oil extends rally after Iran welcomes output freeze |