CNBC | Oil near session highs as IEA sees turnaround signs CNBC Brent crude oil rose about $2 to around $50 a barrel on Friday after the West's energy watchdog forecast the market downtrend would end, although analysts said a strong rebound soon was unlikely as global output continued to outweigh demand. Oil prices ... Crude oil prices steady below $49 a barrel after volatile day Could tumbling oil prices signal the end of OPEC? Oil up $2 as IEA sees signs 'tide will turn' |