Reuters | Oil jumps to near eight-week high after big draw in US crude stocks Reuters NEW YORK (Reuters) - Oil prices rose to near eight-week highs on Wednesday, with Brent crude futures at over $50 a barrel, as a fall in U.S. inventories bolstered expectations that the long-oversupplied market was moving toward balance. Brent crude ... Oil jumps as US producers pull back, inventories drop Here's why oil just scored its biggest one-day rally of 2017 Oil surges after Tuesday's settle on reported 10.2 million barrel drop in US crude stockpiles |