Reuters | Oil on track for seventh monthly fall as supply glut weighs Reuters Data this week showed U.S. crude oil inventories had reached their highest levels since the 1930s. Brent crude oil futures were down 4 cents at $49.09 per barrel at 0839 GMT, while benchmark U.S. WTI futures were up 25 cents at $44.78 a barrel. Brent ... Oil Futures Steady in Asia Oil prices slip as output remains high, producers slash costs Oil Prices Fall As Output Remains High, Producers Slash Costs |