The Globe and Mail | Oil gains after drop in US inventories adds to supply concerns The Globe and Mail Oil has been supported by the perception among investors that tensions in the Middle East could lead to supply disruptions, including renewed U.S. sanctions against Iran, as well as falling output in crisis-hit Venezuela. “Oil prices are holding near ... Oil prices rise on optimism ahead of US supply data Oil Markets: The Calm Before The Storm | OilPrice.com Oil Rallies as Drop in US Inventories Adds to Political Risks |