The Independent | Oil holds above $45 as output declines, but supply concerns linger MarketWatch Oil futures edged higher Thursday, with prices holding above $45 to trade near six-month highs, finding support from seven straight weeks of declines in U.S. crude production as well as weakness in the dollar. But some analysts question whether crude ... Opec bid to throw US out of oil market seems to have backfired Saudi efforts to 'modernise' its economy away from oil are just PR tactics - and the West is lapping them up Did OPEC Just Start Preparing For The End of The Oil Era? |