MarketWatch | Oil edges up to log another 17-month high MarketWatch Oil futures settled Tuesday at their highest level since July 2015 after an energy watchdog lifted its demand forecast for this year and predicted that planned output cuts by major oil-producing nations will stabilize prices. January West Texas ... Oil prices rise as Middle East producers confirm supply cuts US crude ekes out another 17-month closing high, settles up 15 cents IEA predicts oil glut will end if producers deliver deal |