Reuters | Oil prices ease from seven-month high to below $49 Reuters Oil pushed through $50 for the first time in around seven months on Thursday after supply disruptions from Canadian wildfires and militant attacks in Nigeria helped cut daily output by 4 million barrels. "Oil markets are rebalancing faster than ... Oil Prices Poised to Hit Sweet Spot for Global Economy What $50 oil means to producers and the Fed US benchmark crude oil tops $50 a barrel for the first time since October |